“In the current difficult and volatile economic context, we need to improve our work productivity both by increasing our output and by optimizing our workforce,” said Bruno Ribo, Chief Executive Officer of ArcelorMittal Galati.
Eligible employees who wish to join the program will receive a net amount of 22,000 lei (some EUR4,560) plus a number of salaries equal with the number of months between the date of departure and the retirement date, but no more than 12 salaries, ArcelorMittal Galati said.
ArcelorMittal Galati employs 7,115 staff. (EUR1=RON4.3867)