ArcelorMittal Europe has launched a new review of support functions, which, according to a member of the European Production Council, may cover 5,600 positions, which is about 11% of the company's 48,500 employees in Europe, while information about Luxembourg is still not disclosed.
The European division of ArcelorMittal, headquartered in Luxembourg, one of the world's largest steel and mining groups, has embarked on a new stage of internal performance evaluation, covering support functions such as information technology, logistics and maintenance, as stated by a member of the European Production Council, the program could accommodate up to 5,600 roles in 20 European countries.
The board member added that the initiative was discussed at an extraordinary meeting held remotely last week, and described it as a new stage in the analysis of changes in support functions in the group's European divisions, including potential relocations along with other restructuring options.
Based on the fact that the number of ArcelorMittal employees in Europe at the end of 2024 was 48,500, the perimeter under consideration will be about 11% of its European workforce.
An ArcelorMittal representative contacted by Paperjam confirmed the review but did not provide any figures. A company representative said that ArcelorMittal Europe is exploring the possibility of scaling up its project to transform support functions "in order to optimize and standardize activities that are currently distributed across a large number of facilities in Europe." The representative declined to comment on whether Luxembourg posts were included in the assessment.
The steel company said that the work included the creation of a "business services center in India" and the expansion of a "business excellence center in Poland." It stated that the goal is to support ArcelorMittal Europe's sustainable business model by bringing the company's performance in line with those of other large companies and using talent from around the world, modern processes and advanced IT and artificial intelligence to provide "reliable and high-quality services."
The revision occurred due to the fact that European steel producers are facing declining demand[url=https://en.paperjam.lu/article/tariffs-and-energy-arcelormittal-urges-the-eu-to-act]in key end markets such as automotive and construction, along with with increased import pressure, especially from Asia and China, where products are sold at significantly lower prices.
According to the national statistical office Statec, as of January 1, 2025, ArcelorMittal had 3,520 employees in Luxembourg, which makes it likely,
