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PITTSBURGH (AP) - Aluminum producer Alcoa Inc. is cutting roughly 13 percent of its global work force by the end of the year as it slashes costs in the face of a deteriorating world economy.
The elimination of 13,500 jobs, along with deep production and spending cuts, follow cost-saving measures unveiled by the Pittsburgh-based company last fall.
WASHINGTON -- A Massachusetts-based battery company asked for a $1.8 billion government loan to build a factory in southeast Michigan to produce lithium-ion batteries for hybrids and plug-in hybrid vehicles.
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Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. =--------------------------------------------------------------------- =------------- Bridgeport, CT - January 7, 2009 - Clean Diesel Technologies, Inc.
Aluminum producer Alcoa Inc. is cutting roughly 13 percent of its global work force by the end of the year, including cutting jobs in Ferndale and Wenatchee, Washington.
Lockheed Martin-developed missile defense system elements led global ballistic missile defense efforts in 2008 with five successful target intercepts, including two international intercepts, and numerous next-generation milestones.
Aluminum producer Alcoa has said it will curtail production and cut some 13,500 jobs, or 13% of its global workforce, to save cash and reduce costs in the current economic downturn.
Intel Revenue Warning Leads To Early Tech Losses
World?s third-largest aluminum maker is cutting roughly 13 percent of its global work force by the end of the year as it slashes costs in the face of a deteriorating world economy.
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