The Steel Workers Union of Trinidad and Tobago (SWUTT) yesterday denounced the decision of the Arcelor Mittal Point Lisas, a subsidiary of the world’s leading steel and mining company, to lay off 600 employees with immediate effect.
According to a report by the Jamaica Observer, the SWUTT said that the company, which is listed on the New York Stock Exchange, had sent letters to “all it workers” laying them off “with immediate effect”.
The union said that only a few workers would remain on the plant for maintenance purposes from December 7th to January 15th next year.
In its statement, Arcelor Mittal said it had been unable to reach an agreement with the union on a proposal “for workers with accrued vacation days to proceed on paid vacation, and workers who do not have vacation leave to engage in alternative functions on a temporary basis outside of their normal duties”.
It said that as a result of the failure to reach an agreement it “has had no option but to begin a process of laying-off workers.