Brief: Noranda Aluminum says reducing upstream workforce by 25 pct

Noranda Aluminum Holding

13/01/2016 19:18

Jan 13 (Reuters) - Noranda Aluminum Holding Corp  NORN.PK : 
 * Noranda announces steps to reduce costs and address business challenges in 
   its upstream business 
 * Says reducing upstream workforce by 25% 
 * Sees potential curtailment of operations at aluminum smelter and alumina 
   refinery 
 * Initiated a workforce reduction involving approximately 190 employees 
 * In addition to workforce reductions initiated Wednesday, about 350 employees 
to be terminated or laid off by February 4, 2016 
 
 * Source text for Eikon [ID: nHUG4tnkV0] 
 * Further company coverage  NORN.PK   
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