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6 Pages

Alpha announces biggest potential layoffs yet


Alpha announces biggest potential layoffs yet

Report summary

On 31 July 2014, Alpha Natural Resources issued Worker Adjustment and Retraining Notification Act (WARN) notices to employees at 11 surface mines in southern West Virginia, stating that unless market conditions improve, these facilities could be idled beginning in mid-October.  This announcement covers 1,100 employees at mining operations that produced 4.7 million short tons (Mst) of coal...

What's included?

This report includes 1 file(s)

  • Alpha announces biggest potential layoffs yet PDF - 304.07 KB 6 Pages, 2 Tables, 4 Figures

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  • How much production might actually be cut in October?
  • Bigger impact to thermal than to metallurgical
  • Are Alpha's cuts just short-term efforts to lower costs?
  • Alpha's WV surface production had already begun to slip
  • Significant employment impact to region

In this report there are 6 tables or charts, including:

  • How much production might actually be cut in October?
    • Mines named in Alpha announcement, Wood Mackenzie valuations
  • Bigger impact to thermal than to metallurgical
  • Are Alpha's cuts just short-term efforts to lower costs?
  • Alpha's WV surface production had already begun to slip
    • 2013 production from named mines (Mst)
    • Annualized quarterly production from named mines, 2011 to present (Mstpa)
  • Significant employment impact to region
    • Estimated total employees at each named mine
    • Estimate of southern WV coal mining employment and workers covered under Alpha's WARN notices
Requester's name : .............
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