Alcoa: Layoffs at Rockdale smelter to begin Aug. 31

SAN FRANCISCO (MarketWatch) — Alcoa Inc. said Friday it will begin laying off employees at its partially idled Rockdale, Texas aluminum smelter on Aug. 31. The aluminum giant said about 300 employees as well as 100 contract employees will be affected. About 100 employees will be alerted by Aug. 31, with another 60 alerted by Sept. 7, and the remaining 140 notified in the fourth quarter. The Rockdale plant partially shut down in June because of onsite power supply issues, consequently exposing the plant to high power prices.
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