Thread regarding US Steel layoffs

Nippon Steel exec to meet USW head to seek support for U.S. Steel deal

A senior Nippon Steel executive said he would meet the United Steelworkers (USW) union chief this month to seek support for acquiring U.S. Steel, expressing confidence the deal can be finalized by the end of September.

Gaining their backing could help the world's fourth-largest steelmaker carry the $14.9 billion purchase of its U.S. rival over the line. The merger has drawn criticism from some Democratic and Republican lawmakers who worry about the national security implications of the takeover — even though the U.S. and Japan are close allies — and the powerful USW, who worry how their workers could fare under Nippon Steel's management.

https://www.japantimes.co.jp/business/2024/03/05/companies/nippon-steel-exe-meeting-us-union/

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