1:20 “We’ll fight for these jobs”: Joly responds as Algoma Steel announces plans to lay off 1,000 workers Algoma Steel said Monday that it plans to lay off about 1,000 workers due to impacts from ...
SAULT STE. MARIE - A day after his company announced plans to let go of more than 1,000 workers, the CEO of Algoma Steel said Tuesday he recognized the need to accelerate the company’s plan to lower ...
SAULT STE. MARIE - Algoma Steel is laying off more than a third of its workforce as it accelerates a transition to new equipment in response to U.S. tariffs. The company started issuing some 1,050 ...
Hamilton’s steelworkers are likely not in danger of being hit by the type of massive, abrupt job cuts announced at tariff-battered Algoma Steel this month, experts say — but they warn local layoffs ...
Traveling to a new destination during the holidays has been a tradition in my family since I was old enough to remember. A ...
Algoma Steel said it will lay off 1,000 workers and close its blast furnace and coke operations in Sault Ste. Marie in the coming months due to U.S. tariffs. The company reported a 13% sales drop and ...
Canadian steelmaker Algoma Steel Group Inc. will let go of 1,000 employees and close its blast furnace in northern Ontario within months as it seeks to stem losses resulting from US tariffs. The ...
Algoma Steel has issued 1,000 layoff notices just two weeks after the tariff-battered company received a combined $500 million in federal and provincial government financing. The Sault Ste.
OTTAWA—Algoma Steel said it would eliminate about 1,000 jobs, or about a third of its workforce, as the company shuts down production from its blast furnace and coke ovens that became financially ...
When it comes to the $500 million in loan guarantees the federal and Ontario governments gave to Algoma Steel in September, we now know they treated taxpayers who were financing them like mushrooms.
Algoma Steel has issued layoff notices to about 1,000 workers at its Sault Ste. Marie, Ont., plant as the company confronts the combined impact of U.S. tariffs and its planned shift to electric arc ...
Ontario Premier Doug Ford acknowledged that his government was aware that massive layoffs at Algoma Steel were imminent, well before the province agreed to loan the company $100 million in taxpayer ...