Company With Local Operations Cutting Jobs

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Alcoa Inc., the Pittsburgh, Pa.-based aluminum maker and a major South Bay employer, said Tuesday that it plans to cut 13,500 jobs from its worldwide operations to deal with the global economic downturn.

The planned downsizing represents 13 percent of Alcoa's worldwide employment.
That is in addition to the elimination of 1,700 contractor positions and a global salary and hiring freeze, the world's third-largest aluminum maker said.

It was unclear how these measures would affect Torrance-based Alcoa Fastening Systems, which has five locations in and around Los Angeles County. About 1,100 people work at the Torrance location and another 300 at a site in Carson.

An Alcoa spokesman could not be reached for comment Tuesday.

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This page contains a single entry by Muhammed El-Hasan published on January 6, 2009 6:02 PM.

Local Contract for Helicopter Rotor Blades was the previous entry in this blog.

Boeing Must Pay Damages is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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