Cleveland-Cliffs, citing 'weak' auto production, to lay off 600 workers in Michigan
Citing what it calls the "current reality of weak automotive production in the United States," steelmaker Cleveland-Cliffs Inc. plans a temporary idling of some operations at its Dearborn, Michigan, plant, resulting in the layoff of about 600 employees this summer.
Cleveland-Cliffs to lay off 600 at Dearborn Works plant
Cleveland-Cliffs confirmed Tuesday it will lay off 600 workers at its Dearborn Works plant as part of plans to temporarily idle parts of the facility, a decision the steel producer says was driven by weak automotive production in the United States.
Cleveland-Cliffs Inc. plans the temporary layoffs of more than 600 people at two Minnesota operations, a move the company said results from a need to "consume the excess (iron ore) pellet ...
Cliffs said 630 employees will be laid off in 60 days. A state senator said the company has excess pellets, and the auto industry, which uses Cliffs steel, faces "challenging economic conditions ...
Citi notes Cleveland-Cliffs (CLF) has announced the temporary closure of its Dearborn steel mill, which will be offset by the return of the ...
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