Alcoa Restructuring

From the Pittsburg Business Times. Alcoa announced 6,700 layoffs through 2007. The layoffs effect it’s operations around the globe and will be spread out among numerous plants.

Earlier this year Alcoa moved it’s headquarters from Pittsburgh, where it’s been for over a hundred years, to New York. In a statement made to the Pittsburgh Tribune-Review at Alcoa’s 2001 annual meeting CEO Alain Belda said:

"I want this to be clear that the corporate headquarters will be here. ... Pittsburgh is our corporate headquarters."