Announcement

Sunday, May 24, 2009

Downsizing deals - ArcelorMittal top brass to take 15% pay cut

PTI reported that VP and above of ArcelorMittal would take a pay cut in an added effort to contain cost this fiscal.

A spokesperson for ArcelorMittal told PTI in an email response that "The company believes in solidarity and a 15% unanimously agreed cut by senior management was a

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