Job Market Monitor
Tata Steel
UK / Tata Steel cut around 500 jobs
Tata Steel, Europe’s second-largest steel producer, said on Tuesday it could cut around 500 jobs under plans to restructure the part of its British business that supplies the construction and engineering industries. Changes to its long products business – which makes tubes, rails and rods, used in many industrial sectors – will affect management and … Continue reading
UK / Tata Steel Europe to shift two R&D centres to India, Netherlands
Tata Steel, Europe’s second-largest steel producer after ArcelorMittal, plans to close down two research and development facilities in the UK and shift them to the Netherlands and India, resulting in 300-400 job losses. Citing unnamed sources, The Sunday Times yesterday said that Tata Steel Europe (earlier known as Corus) plans to close two technology centres … Continue reading
UK / Tata Steel to cut 900 jobs
India-based Tata Steel Ltd. Friday announced plans to cut about 900 jobs at its U.K. operations as part of a wider restructuring. “Today’s proposals are part of a strategy to transform ourselves into an ‘all-weather’ steel producer, capable of succeeding in difficult economic conditions,” Karl Koehler, chief executive of Tata Steel’s European operations, said in … Continue reading
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