US Steel clarifies CEO’s comments on recalling jobs
US Steel clarifies CEO’s comments on recalling jobs
posted by Reuters
United States Steel Corp said on Thursday that Chief Executive Mario Longhi was referring to the whole U.S. steel industry, not US Steel, when he spoke on Wednesday about potentially restoring up to 10,000 jobs in the United States.
Longhi, responding to a question on CNBC’s “Power Lunch” program, had said: “I’m more than happy to bring back the employees that we were forced to lay off during the depressing period … (which) could be close to 10,000 jobs.”
He had been asked about initiatives proposed by President-elect Donald Trump, who has said he wants to renegotiate trade deals, invest in infrastructure and restore jobs, including those in the steel industry.