Tata Steel slashes1,000 jobs in UK
London, November 28
Tata Steel Europe has begun consultations with the European Works Council (EWC) on restructuring plans for its business, which would include up to 3,000 job losses — 1,000 of which will be in the UK.
“As part of the comprehensive set of proposals, Tata Steel Europe intends to lower employment costs,” the company said in a statement on Wednesday.
“This is expected to lead to an estimated reduction in employee numbers of up to 3,000, about two-thirds of which would be management and office-based roles. Up to 1,600 are expected in the Netherlands, 1,000 in the UK and 350 elsewhere in the world,” it said. — PTI
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Already a Member? Sign In Now
