U.S. Steel Corporation (NYSE:X) has announced plant closures and layoffs. The company also idled plants and laid off employees last year.
The layoffs aren’t due to the coronavirus. The company has been facing troubles since last year. As a result, U.S. Steel has announced layoffs multiple times.
http://ww.marketrealist.com/2020/03/u.s.-steel-is-in-trouble-not-due-to-coronavirus/#aprd

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