Alcoa to cut over 6,000 jobs

June 29, 2005
Alcoa Inc. announced it will cut about 6,500 jobs globally in the next year.

Alcoa Inc., Pittsburgh, announced it will cut about 6,500 jobs globally in the next year, with most cuts in its automotive businesses. "The restructuring should give nearly $200 million in annual cost savings, helping us to better compete globally and serve our customers," says Alain Belda, chairman and CEO. Visit alcoa.com for more information.