Tenaris Layoffs: Europe-Based Global Steelmaker To Lay Off Nearly 120 Employees in Beaver County
Tenaris layoffs will affect nearly 120 employees working in Pennsylvania's Beaver County. The layoffs at Tenaris might affect a combined 170 employees at Tenaris facilities in Beaver Country, Brookfield and Ohio.
Beaver County, May 20:슬롯 머신 사이트 추천Tenaris S.A., a Luxembourg-based슬롯 머신 사이트 추천global슬롯 머신 사이트 추천manufacturer and supplier of슬롯 머신 사이트 추천steel pipes and related services,슬롯 머신 사이트 추천has announced that슬롯 머신 사이트 추천it will reduce its workforce in US's Beaver County, Brookfield and Ohio.슬롯 머신 사이트 추천The largest concentration of Tenaris layoffs will be seen in company's heat treatment and finishing lines in Koppel, said a report.
According to a슬롯 머신 사이트 추천슬롯 머신 사이트 추천by슬롯 머신 사이트 추천The Times,슬롯 머신 사이트 추천Tenaris layoffs슬롯 머신 사이트 추천would affect a combined 170 employees working at the Tenaris facilities in Beaver County, Ohio, and Brookfield. As per the report, the company representatives said, "The company슬롯사이트™s heat treatment and finishing lines in Koppel will see the largest concentration of layoffs".슬롯 머신 사이트 추천Rockwell Automation Layoffs: US-Based Automation and Digital Transformation Company To Cut 3% of Staff To Save USD 100 Million, CFO Announces His Retirement.
The report highlighted that the Koppel's facility had been producing seamless oil-country tubular goods, drill pipes and lineups which are used in the oil and natural gas industry.슬롯 머신 사이트 추천During슬롯 머신 사이트 추천Covid-19, Tenaris had suspended the operations at its Koppel and Harmony Township슬롯 머신 사이트 추천facilities due to the adverse market conditions. Then, the슬롯 머신 사이트 추천company laid off hundreds of employees.슬롯 머신 사이트 추천The슬롯 머신 사이트 추천report said that the steelmaker later had brought both these plants back online in 2021. It also mentioned that the company had슬롯 머신 사이트 추천invested슬롯 머신 사이트 추천around $15 million to upgrade the Koppel shop.
On May 7, 2020, Tenaris 슬롯 머신 사이트 추천laying off nearly 135 employees in Canada due to슬롯 머신 사이트 추천an unprecedented situation. The company said it would take difficult슬롯 머신 사이트 추천decisions to슬롯 머신 사이트 추천lay off some employees in Canada at Prudential facility.슬롯 머신 사이트 추천The슬롯 머신 사이트 추천steelmaker said that the Tenaris layoffs would help it maintain a long-term solid position and슬롯 머신 사이트 추천allow it to continue contributing towards a healthy domestic manufacturing industry in슬롯 머신 사이트 추천the슬롯 머신 사이트 추천country.슬롯 머신 사이트 추천Back then,슬롯 머신 사이트 추천even after the layoffs at Tenaris, the company is said to work with the슬롯 머신 사이트 추천rest of the industry in Canada and with the government to defend against the high level of imports.
The latest round of Tenaris layoffs in 2024 is슬롯 머신 사이트 추천said to be슬롯 머신 사이트 추천related to an influx in the oil-country tubular goods슬롯 머신 사이트 추천or OTCG imports to the US.슬롯 머신 사이트 추천The report by The Times mentioned슬롯 머신 사이트 추천that the OTCG슬롯 머신 사이트 추천referred to the piping products used in oil and gas production. Tenaris reportedly said the imports were manufactured in China and shipped through슬롯 머신 사이트 추천Korea, Thailand and Taiwan. It mentioned that these countries슬롯 머신 사이트 추천do not have drilling슬롯 머신 사이트 추천activity nor produce OTCG for exports.슬롯 머신 사이트 추천Layoffs Due to AI: Godfather of AI Geoffrey Hinton Expresses His Concern Over Job Losses Due to Artificial Intelligence, Tells Government To Establish 슬롯사이트˜Universal Basic Income슬롯사이트� for Affected.
The슬롯 머신 사이트 추천Tenaris leadership슬롯 머신 사이트 추천said to monitor market conditions and mitigate the "operations impacts". The슬롯 머신 사이트 추천Europe-based steelmaker said it would remain committed to US manufacturing and advance ongoing investments in the Koppel steel shop.
(The above story first appeared on LatestLY on May 20, 2024 12:00 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).