ArcelorMittal layoffs, on the record
Every job cut, severance charge and restructuring ArcelorMittal reported in its annual reports, 2022 to 2025, quoted from the filings. Headcount went from approximately 154,352 to approximately 125,554.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2022 | approximately 154,352 | December 31, 2022 |
| 20-F for 2023 | approximately 126,756 | As of December 31, 2023 |
| 20-F for 2024 | approximately 125,416 | As of December 31, 2024 |
| 20-F for 2025 | approximately 125,554 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryIn 2020 the company cut fixed costs in response to COVID-19, including temporary salary reductions, temporary layoffs and fewer contractors.
Word for word“In 2020, the Company successfully reduced fixed costs, including through temporary measures, in line with lower production resulting from the impacts of the COVID-19 pandemic.” 20-F for 2022
Our summaryArcelorMittal Spain and its unions agreed to a temporary layoff plan (ERTE) for the fourth quarter of 2022 and extended it into the first quarter of 2023.
Word for word“Due to the war in Ukraine and high energy costs with the resulting drop in demand, ArcelorMittal España and unions have had to address the challenges posed by the uncertainties affecting operations, in a permanent effort to adapt to the circumstances and demonstrate flexibility, which has facilitated the temporary layoff plan (ERTE) during the fourth quarter of 2022, extended to the first quarter of 2023 through an agreement with employee representatives.” 20-F for 2022
Our summaryThe company recorded a provision for an early retirement scheme in Spain as part of its social plan provisions.
Word for word“• provisions for social plans (non-current) which relate to provisions for social plans in restructuring provisions as required by IAS 37, including a provision of 55 related to early retirement scheme in Spain recognized in cost of sales.” 20-F for 2022
Our summaryAt ArcelorMittal Poland, rules agreed with trade unions were used to look after employees affected by restructuring and reduced positions.
Word for word“One important objective was to take care of employees subject to business transformation by using rules agreed with trade unions to mitigate the social effects resulting from the implementation of restructuring processes.” 20-F for 2022
Our summaryAt AMKR in Ukraine, about 10,000 employees were on downtime and paid only two-thirds of their wages while jobs were kept for 22,000 employees.
Word for word“AMKR maintained jobs and salaries for 22,000 of its employees, however approximately 10,000 thousand employees are on downtime and were paid only two-thirds of their wages.” 20-F for 2022
Our summaryArcelorMittal Spain agreed and signed a temporary layoff plan with employee representatives because demand declined.
Word for word“A temporary layoff plan was collaboratively agreed and signed with the legal representatives of the employees in the fourth quarter of 2023.” 20-F for 2023
Our summaryArcelorMittal Poland used rules agreed with trade unions to reduce the social impact of restructuring on employees.
Word for word“One crucial objective was to address the well being of employees undergoing business transformations, using agreed rules with trade unions to mitigate the social impacts of restructuring processes.” 20-F for 2023
Our summaryThe company recorded restructuring charges in cost of sales for 2024, covering Europe, Sustainable Solutions and the wind down of the Longs Business in South Africa.
Word for word“Cost of sales for the year ended December 31, 2024 also included $216 million of restructuring charges, including $74 million relating to the Europe segment, $79 million relating to Sustainable Solutions and $63 million related to the announced wind down of the Longs Business in ArcelorMittal South Africa.” 20-F for 2024
Our summaryThe Europe segment took restructuring and impairment charges tied to closing the Kraków coke plant in Poland.
Word for word“Operating income was negatively impacted by $ 36 million impairment charges of property, plant and equipment and $74 million restructuring charges in connection with the closure of the Kraków coke plant in Poland.” 20-F for 2024
Our summarySustainable Solutions restructured its distribution network, concentrating sites to improve efficiency.
Word for word“Operating income for the year ended December 31, 2024 was also negatively impacted by $79 million primarily related to restructuring of the distribution network, resulting in a concentration of sites to improve efficiencies.” 20-F for 2024
Our summaryIn Spain, a layoff plan was agreed for employees born in 1962 to address the labor effects of decarbonization.
Word for word“Additionally, a layoff plan for employees born in 1962 was agreed in May 2024, to address the labor implications of decarbonization initiatives as per the Memorandum of Understanding between the Spanish government and ArcelorMittal.” 20-F for 2024
Our summaryIn Spain, a temporary layoff plan agreed in late 2023 because of market conditions was extended through 2024.
Word for word“In Spain, a temporary layoff plan was agreed upon in late 2023 due to market conditions and extended through 2024.” 20-F for 2024
Our summaryArcelorMittal France announced a restructuring plan in June 2025 and began talks with unions.
Word for word“In June 2025, ArcelorMittal France announced a restructuring plan and started negotiations with unions.” 20-F for 2025
Our summaryArcelorMittal France and the unions agreed on a workforce reduction plan.
Word for word“In November 2025, both parties reached to an agreement on a workforce reduction plan .” 20-F for 2025
Our summarySpain agreed a temporary layoff plan in late 2024 because of market conditions and extended it through 2025.
Word for word“In Spain, a temporary layoff plan was agreed upon in late 2024 due to market conditions and extended through 2025.” 20-F for 2025
Our summaryCost of sales in 2025 included restructuring costs in the Europe and Sustainable Solutions segments.
Word for word“Cost of sales in 2025 also included $0.4 billion expense for the final settlement of the purchase price of Votorantim's long business in Brazil, $133 million of restructuring costs in the Europe and Sustainable Solutions segments and $61 million residual loss on the sale of ArcelorMittal Zenica and Prijedor (Bosnia).” 20-F for 2025
Our summaryThe Sustainable Solutions segment's 2025 operating income was reduced by restructuring charges.
Word for word“Operating income increased by 149.1% primarily due to ramp-up of the renewable energy project in India, partly offset by $28 million 97 Management report restructuring charges.” 20-F for 2025
ArcelorMittal has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from ArcelorMittal’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2026-03-06. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.