PM Carney urges Cleveland-Cliffs to honor Stelco commitments amid layoffs
Prime Minister Mark Carney urged Cleveland-Cliffs to fulfill its Stelco acquisition commitments amid concerns about upcoming layoffs. The promised actions are under scrutiny as the firm plans workforce reductions.
GMNA Winnipeg
Prime Minister Mark Carney on Thursday called on Cleveland-Cliffs Inc. to keep the promises it made when it acquired Canadian steelmaker Stelco, as the firm faces a dispute over its planned job cuts.
Cleveland-Cliffs purchased Stelco and pledged specific actions at the time of the acquisition, but those pledges are now being questioned as the company prepares to cut jobs.