AK Steel Announces Layoffs for Some Salaried Employees
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Posted: 8:28 PM Jan 9, 2009
AK Steel Announces Layoffs for Some Salaried Employees
AK Steel has announced layoffs for an unspecified number of its salaried workforce because of the continued decreased demand for its steel products.
Reporter: WSAZ News Staff
Email Address: news@wsaz.com
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WEST CHESTER, Ohio (WSAZ) -- AK Steel has announced layoffs for an unspecified number of its salaried workforce because of the continued decreased demand for its steel products.

According to a news release on the company's Web site, the layoffs will likely affect salaried employees in all of the company's plants and offices.

While the company says it hopes the layoffs are temporary, a continuation of the economic downturn could result in some or all of the layoffs becoming permanent job reductions.

Last month, AK announced an across-the-board pay cut for its salaried employees and other cost-cutting measures, including temporary incentives for early retirements.


Latest Comments

Posted by: ak retired wife on Jan 13, 2009 at 07:30 PM

this is very sad when they won't tell the real truth of ak being torn down as the state office has said. i got the real story
Posted by: EX AK Engineer on Jan 12, 2009 at 09:07 PM

Does anybody know if any of the furnace supervision have been laid off and who they are.
Posted by: DEEBO on Jan 11, 2009 at 06:32 PM

YOU PEOPLE ACT LIKE AK STEEL IS THE ONLY PEOPLE WHO HAVE LOST THERE JOBS I FEEL FOR THEM BUT OTHER PEOPLE ARE LOSING THERE JOBS ALSO NO BIG DEAL TO YOU ALL I GUESS
$310,000,000
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