Arcelor Mittal announces layoffs

May 13, 2009 3:59:08 PM PDT
Steelmaker Arcelor Mittal plans hundreds of layoffs at its plant in East Chicago Indiana. The steel maker says 978 people will be indefinitely laid off at the west side of the Indiana harbor facility in early July.

The company notified the union of the layoffs on Wednesday.

Like other steelmakers has cut production and idled plants because of the economy.