Multinational ArcelorMittal on Monday announced that it would close two South African steel manufacturing sites and a rail production plant, affecting some 3,500 jobs.
Tata Group plans to create over 500,000 manufacturing jobs in the next five years through investments in factories and projects producing batteries, semiconductors, electric vehicles, and more.
With nearly 100,000 factory jobs already unfulfilled, and possibly millions to be created as companies relocate production back to the U.S., owners will struggle to find workers.