Czech Republic: 1 180 voluntary departures at Mittal Steel Ostrava

The indo-Dutch giant of the metallurgical industry started a vast restructuring operation at its plant in the Czech Republic. The firm supports voluntary departures. (Ref 06845)
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Mittal Steel launched a vast restructuring plan at its plant located in the Czech Republic. Nevertheless, this operation should not lead to any dismissal. Indeed, the firm has offered important financial compensation to workers who volunteer to leave. Operations also involve Vysoke piece Ostrava, a subsidiary of Mittal Steel with who the firm is merging. All restructuring operations are supposed to « ensure the continuity of production and the smooth operation of the whole company », according

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