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Alcoa Inc.



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Alcoa to cut 13,500 jobs

PITTSBURGH, Jan. 7 (UPI) -- U.S. industrial giant Alcoa Inc. said it would reduce smelting output 18 percent and close out 13,500 jobs due to the economic downturn. These are extraordinary times, requiring speed and decisiveness, Alcoa President and Chief Executive Officer Klaus Kleinfeld said in a statement. We are taking a wide-ranging set of aggressive, but prudent, measures,...

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Alcoa cutting 106 jobs in Washington

Alcoa Inc. plans to cut 106 jobs in Washington, 80 at its aluminum smelter in Ferndale and 26 at its plant in Wenatchee.

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Alcoa slashes jobs, output to cope with tough economy

SAN FRANCISCO (MarketWatch) - Alcoa Inc. said Tuesday it is cutting 13% of its workforce, closing plants, and further curbing aluminum output to conserve cash as it battens down for a lengthy recession.

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Alcoa's Job Cuts

From the WSJ: Alcoa Inc. announced the elimination of about 15,000 jobs, more plant closures, plans to sell assets and a 50% cut in capital expenditures to contend with the sustained recession. The moves raise the question of whether other companies that have cut costs also will feel the need to dig deeper. Alcoa, the world's largest aluminum producer, announced a round of cost...

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26 jobs lost at Wenatchee Alcoa plant

WENATCHEE, Wash. -- Alcoa Inc. plans to cut 26 jobs at its aluminum plant in Wenatchee.

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Alcoa cutting 13,500 jobs

Aluminum producer Alcoa Inc. said Tuesday it will cut 13,500 jobs, or 13 percent of its work force, and slash spending and output to cope with the global economic slowdown.

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Alcoa to cut 13 percent of global work force

PITTSBURGH — Aluminum producer Alcoa Inc. is cutting roughly 13 percent of its global work for...

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26 jobs lost at Wenatchee Alcoa plant

Alcoa Inc. plans to cut 26 jobs at its aluminum plant in Wenatchee.

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Financial News: Stock futures dip after Alcoa cuts jobs output

NEW YORK : Wall Street headed for a lower open Wednesday, sobered by aluminum producer Alcoa Inc.'s decision to slash jobs and production to navigate through the global downturn.The announcement was

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Stock futures dip after Alcoa cuts jobs, output - WTOP Radio

NEW YORK (AP) - Wall Street headed for a lower open Wednesday, sobered by aluminum producer Alcoa Inc.'s decision to slash jobs and production to ...

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Alcoa cuts jobs, output to cope with downturn

Aluminum producer Alcoa Inc. said yesterday it will cut 13,500 jobs, or 13 per cent of its workforce, and slash spending and output to cope with the global economic slowdown.

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Alcoa to slash 13,500 jobs to save money

Alcoa Inc. said on Tuesday it will curtail production and cut some 13,500 jobs, or 13 percent of its global work force, to save cash and reduce costs in the current economic downturn.

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Stock futures dip after Alcoa cuts jobs, output

Wall Street headed for a lower open Wednesday, sobered by aluminum producer Alcoa Inc.'s decision to slash jobs and production to navigate through the global downturn.

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Alcoa to slash jobs and sell 4 units

NEW YORK (Reuters) - Alcoa Inc said on Tuesday it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces...

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Alcoa to cut 13 percent of its work force

PITTSBURGH -- Aluminum producer Alcoa Inc. says it's cutting about 13 percent of its global work force and slashing spending and output due to the economic downturn.