Alcoa, Inc. to reduce workforce

Voluntary severance packages offered

More job reductions are coming for Alcoa, Inc., employees.

Alcoa Tennessee Operations is working with local union representatives to align workforce needs with business volumes for 2010. The plant’s Rigid Packaging Division plans to reduce employment by 90 positions to meet this need.

“This is a difficult, but necessary decision,” said Chris Jackson, Rigid Packaging Division Location Manager. “While we continue to pursue additional business, it is clear that we must take action now for the business to remain viable for the long term.”

Jackson said that the company is working with Union leadership to offer voluntary severance packages to reduce the number of involuntary layoffs. Employees were informed of the changes Monday and the reductions are expected to be completed during the first quarter of this year.

“This situation is not a reflection on our work force, and we are committed to reducing the impact on them as much as possible,” Jackson said.

Alcoa will continue working with local union leadership to review options as required by the collective bargaining agreement.

In spring of 2009 Alcoa, Inc., closed the South Plant and laid off 450 employees. The job cuts in Blount County were part of 13,500 job losses at the company worldwide after the price of aluminum dropped significantly.

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