Dec 7 2016
MORE WINNING? With the election of Donald Trump, U.S. Steel is planning to increase its investments in the U.S. and hire back up to 10,000 employees
In an interview with CNBC-TV, United States Steel CEO Mario Longhi says the company would like to accelerate its investments in the U.S. and hire back as many as 10,000 laid-off employees, now that Donald Trump will be occupying the Oval Office.
“We’re already structured to do some things, but when you see in the near future improvement to the tax laws, improvements to regulation, those two things by themselves may be a significant driver to what we’re going to do,” he said. “I’d be more than happy to bring back the employees we’ve been forced to lay off during that depressive period,” he said, which could be close to 10,000 jobs.