More than 2,300 workers in Mexico will lose their jobs as Alcoa restructures its Alcoa Fujikura Ltd. Automotive division to stay competitive in light of reduced production, the aluminium giant has announced.
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The Pittsburgh-based company will permanently cut 1,050 of 4,464 jobs at its Piedras Negras operation, and 1,300 of 4,139 jobs in Torreon in June. The cuts represent 9.6 percent of the division’s work force in Mexico.
The plants make electrical systems and other products for Alcoa’s North American light and heavy vehicle markets.
Employees will be offered unspecified severance packages, along with help in finding other jobs, Alcoa said.
“This difficult decision is the result of the competitive conditions of the global market, and the actions in Piedras Negras and Torreon are necessary to adjust AFL capacity to better match demand,” said Jose Alvarado, the vice president of AFL Automotive-Mexico.
