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Tata Steel slashes1,000 jobs in UK

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London, November 28

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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.

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“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

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