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Tata Steel to reduce manpower in UK with cut of 900 jobs

SME News, Saturday, Nov 24, 2012 17:55:51 PM IST
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Tata Steel
LONDON:  Indian steel major Tata Steel has announced plans to close 12 of its sites in Europe and cut 900 jobs in UK as a part of this restructuring process. The company said that their plan is to be an ‘all- weather’ steel producer that is successful in difficult economic conditions.
 

The company said, “The proposed changes are expected to lead to a net loss of 900 jobs in the UK, including 580 in South Wales, 155 in Yorkshire, 120 in the West Midlands and 30 in Teesside.”

 

These changes to the company’s working are expected to happen across steel finishing and processing sites in the UK. The company added that it would close sites Tafarnaubach and Cross Keys in South Wales. It also said that there will be a shift in the levels at Rotherham and Hartlepool plants to match production to lower demand for bar products and pipelines."Today's proposals are part of a strategy to transform ourselves into an 'all-weather' steel producer, capable of succeeding in difficult economic conditions," Tata Steel European operations CEO Karl Kohler said.

 








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