Century slates layoff of 13% of salaried and Ky. site staff
Dec 19, 2008 | 11:25 AM
| Tom Jennemann
Century Aluminum Co. will lay off 13 percent of the salaried work force at its Monterey, Calif., headquarters and its Kentucky operations as part of its cost-saving efforts, the company said.
"Given the unprecedented recent decline in aluminum prices, we have no choice but to aggressively explore every opportunity to reduce our costs across the company," Logan W. Kruger, Century Aluminum's president and chief executive officer, said in a statement. "While we continue to believe that the....
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