Tuesday, October 4, 2011

200 layoffs at American Steamship - Baltimore Business Journal:

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The Amherst-based company, which is a unit of , notified the that the workforcee reduction took place betweejn June 18 andJune 25. Last when the prospect of layoffs a spokeswomansaid that, if they would involve employees livint throughout the country, including those in Great Lakes cities such as Buffalo and Cleveland. The spokeswoman coul not be reached forcomment Friday, but in Marcuh she said all levels of shipboardx employees from captain on down woulcd be involved. The duration of the which are basedon seniority, was not disclose in the recent filing.
In its March the company said that because of the the 2009 shipping season mighyt not be busy enough to provide jobs for all the handas who normally workthe company’as ships. The steel industry provides abouyt 50 percent ofthe shipper’s with iron ore being the largest The steel industry is especially hard hit by the economic American Steamship owns 18 ships and listed a 534-member workforcre in March. Forty-one other employees work at the company’a headquarters on 500 Essjay Roadin Amherst.

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