Will there be any Alcoa layoffs? Any chatter, news or rumors?
This should be a straightforward info, how many people work here? Also, how about the office at NYC?
LaPorte should really be looking into Management upstairs. There are bullies that make employees look bad and will stop at nothing to criticize and put then down. The threats do come if you say anything or stand up for yourself. Do not go to HR... — read more
I hope that we bounce back if the imports go down
Fun times in the Camelot - I think nobody should be surprised here, the politics did him in: Shares of Arconic Inc. ARNC, +3.05% surged 5.2% in premarket trade Monday, after the company said Chief Executive Klaus Kleinfeld was leaving the company... — read more
Elliott Management wants to run the company. The Board is behind Klaus. Arconic Files Definitive Proxy Materials, Issues Open Letter to Shareholders: Vote the WHITE Proxy Card Arconic (NYSE: ARNC) announced today it has filed definitive proxy... — read more
Hello all. This is just an update on Alcoa's and Arconic's stock. Alcoa has been on a run and is around 31.50. Arconic is said to be undervalued and is about 19.70. At the split for every 100 shares you received 100 sharers of Arconic and 33 shares... — read more
I am VERY confused why they haven't announced a pricing range for Arconic stock. I've been searching a few months now.
I am getting in with everything now (even my piggy-bank). I think there are going to be a succession of good news articles coming out that will bump up the stock price. One will be the 1 for 3 reverse stock split which will be voted on 10/5/16. This... — read more
Get ready you are about to be schooled in corporate manipulation and greed at a multi billion-dollar level. During this time nothing is off the table. Changes that will be made may not be seen right away .They will be made as a trickling effect so... — read more
So many people on layoff. I was too, for 5 weeks. Electrician here, and open positions were available in the remainder of the plant after our smelter closed.......but did they choose to move us across the plant, NO! Some genius at corporate must have... — read more
What are your thoughts? How likely is Alumina to be able to stop the split. I believe they filed a motion to stop it but how likely is it to happen?
Any truth in this? There is a lot of chatter surrounding AFSR - the rumor is that even more layoffs may be coming in September. At this point it's all rumors. People are talking about up to 1K to be cut from AFSR before the split takes place. Cannot... — read more
Get ready you are about to be schooled in corporate manipulation and greed at a multi billion dollar level. During this time nothing is off the table. Changes that will be made may not be seen right away .They will be made as a trickling effect so... — read more
Alcoa PTC is down to a skeleton crew now from what I understand. So many people are now unemployed and were given separation packages. I am hoping that after the election things will turn back around and the plant will start up again. I loved working... — read more
Between john deere and alcoa being major employers in our area they will turn our area into the center of unemployment and welfare
You can't make a profit if you you don't make a product.
I think the layoffs are part of the company's effort to be profitable ahead of the split and become appealing to investors. There's no doubt investors are very interested in the new company "Arconic." I think the Klaus has accomplished that goal. The... — read more
It's a shame. I lost my job at the tech center back in October 2015. Good luck to all of you going through layoffs right now.
Anyone has more info about 2016 layoffs at Chandler, AZ location - I left in 2014 and now I am hearing rumors
Its sad to see what Alcoa is doing to the fastener business. Alcoa buys a factory then they close it and send it to other countries where the people get treated like dirt, for menial pay. One example is, they bought a small company in Newbury Park... — read more
It's all over the news now, the company is in trouble - China is causing problems. Boeing is buying less. Here we have it - it's a perfect storm for Alcoa. I am not really sure if we will ever stop to bleed - things are worse and worse - every... — read more
is it ever going to recover and bounce back?
Company could start job cuts on January 18 2016 based on what was filed so far
What is the likelihood of Alcoa layoffs in New York in 2016? Please let me know if you have any information.
At Alcoa, we had to announce a major layoff of around 300 employees in 2008. The announcement was made in August, as we had come to an assessment that there was an urgent need to close the plant at Rockdale, Texas. The company had an aluminum smelter... — read more
Yes, that is how we roll. things are tough in the metals business. good luck.
Are we going to be laying people off @ Alcoa Corp
The Watertown Daily Times had a report on potential layoffs at Alcoa in West Massena - do you maybe have more info about what's going here? The info available is mostly by Alcoa and there is very little useful info on the web. I'd appreciate if... — read more
any ideas what's going to happen in 2014?
Alcoa Howmet plant is affected this week - 70 people to be let go... Here is the quote: The layoff includes about 10-15 salaried employees, said Marian Lowes, a spokeswoman for parent company Alcoa, a major aluminum producer. This is the second time... — read more
Alcoa aluminum company is cutting 13,500 jobs - 13 percent of its worldwide workforce - including 450 employees at its Alcoa, Tenn., operations, leaving city officials "in shock." The Pittsburgh-based manufacturer is cutting all smelting at its... — read more
I took a lump sum payment and will be leaving Alcoa (Lafayette, IN). Good luck to all that will remain at the site. Some folks were not as fortunate and had no option and will be laid off.