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Company Overview

Algoma Steel Group

Sector: Technology

Algoma Steel Group is a Canadian steel producer focused on manufacturing flat-rolled steel products for customers in industries such as automotive, construction, energy, manufacturing, and infrastructure. The company operates integrated steelmaking facilities and supports processes including raw material handling, steel production, finishing, and distribution. Its business centers on large-scale industrial manufacturing, supply chain coordination, and serving North American demand for steel products while pursuing operational efficiency and modernization.

We are tracking 1 layoff event for Algoma Steel Group as of Dec 11, 2025.

Key Metrics
1,000
Total Employees Affected
1
Layoff Events
34%
Avg. Percentage
Layoff Timeline
Dec 2025
Layoff History
December 11, 2025

Algoma Steel announced approximately 1,000 layoff notices, representing roughly one-third of its workforce, effective March 23, 2026. The layoffs are due to the closure of blast furnace and coke-making operations that...

Other Layoffs