Noranda Aluminum slashing 190 jobs
Dec 17, 2013 | 06:18 PM
| Michael Cowden
CHICAGO Noranda Aluminum Holding Corp. plans to slash about 190 people from its work force, including contract workers, as it looks to cut costs.
The cuts will happen across the company, with most effective before the end of the year, the Franklin, Tenn.-based aluminum producer said Dec. 17.
"While this work force reduction is difficult, it is a necessary part of our commitment to continue to enhance our cost structure and create shareholder value," Noranda president and chief executive officer Layle K. "Kip" Smith said in a statement, noting that the moves wouldnt affect customer service or ongoing growth and productivity projects.....
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