Posted On: 08/20/2014 7:23:47 AM
Post# of 273350
Outokumpo Oy ADR (OUTKY) 0.2500 $OUTKY
Outokumpu cuts 2,500 jobs to save $455 million
AP - Thu Apr 25, 7:28AM CDT
HELSINKI (AP) — Finnish metals group Outokumpu Oyj says it will slash 2,500 jobs worldwide in the next four years to cut costs by 350 million euros ($455 million) and improve profitability as stainless steel demand continues to fall.
Outokumpu cuts 2,500 jobs to save $455 million
AP - Thu Apr 25, 7:28AM CDT
HELSINKI (AP) — Finnish metals group Outokumpu Oyj says it will slash 2,500 jobs worldwide in the next four years to cut costs by 350 million euros ($455 million) and improve profitability as stainless steel demand continues to fall.
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