Overview
- ArcelorMittal will lay off 636 employees across seven sites in France, including Dunkerque, Basse-Indre, Florange, Mardyck, Mouzon, Desvres, and Montataire.
- The affected sites previously employed a total of 7,100 workers, representing a significant localized impact despite the company's overall French workforce remaining at 15,400 since 2019.
- The restructuring follows a 30% market decline since 2019 and increasing competition from imports, highlighting ongoing challenges in the European steel industry.
- ArcelorMittal has received €75 million in public aid, raising questions about the balance between state support and employment commitments.
- Union protests and government scrutiny continue as the company faces pressure to justify its restructuring decisions and address long-term sustainability concerns.