International: ArcelorMittal signs Europe-wide restructuring deal
ArcelorMittal, the world's largest steel producer, signed a European agreement with trade unions in November 2009 on managing and anticipating change. The accord provides for no plant closures or compulsory redundancies during the current economic downturn, and puts in place long-term training and skills policies, along with commitments to dialogue with employee representatives and unions.
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Transnational dialogue at
ArcelorMittal
Crisis response
Principles
Safeguarding employment
Skills and training
Social
dialogue
Follow-up committees
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A hybrid agreement.