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Algoma Steel Group Layoffs: 1,000 Jobs Cut as Blast Furnace Operations Shut Down

Published Dec 11, 2025

1,000
Employees Affected
33.3%
Percentage

Algoma Steel Group announced approximately 1,000 layoff notices, affecting nearly one-third of its workforce, effective March 23, 2026. The company cited U.S. tariffs that made blast furnace and coke-making operations economically unsustainable and confirmed it is accelerating its transition to electric-arc furnace steelmaking one year ahead of schedule

Source: layoff.today

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