Menu
29/10/2013
Steel Plant To Cut Up To 500 Jobs
Tata Steel are to cut up to 500 jobs from their plants in Scunthorpe, Workington and Teesside, the company has announced.
Announcing the cuts, the company said that management and administrative roles would be affected. With 340 jobs in Scunthorpe at risk, along with 90 in Workington and 40 in Teesside.
"Prolonged weak demand", has been blamed for the cuts.
"European steel demand this year is expected to be only two-thirds of pre-crisis levels after falls in the past two years," Karl Koehler, chief executive of Tata Steel's European operations, said.
Adding: "On top of the challenging economic conditions, rules covering energy and the environment in Europe and the UK threaten to impose huge additional costs on the steel industry."
It is understood that the company will negotiate with workers and unions over restructuring plans.
(MH/CD)
Announcing the cuts, the company said that management and administrative roles would be affected. With 340 jobs in Scunthorpe at risk, along with 90 in Workington and 40 in Teesside.
"Prolonged weak demand", has been blamed for the cuts.
"European steel demand this year is expected to be only two-thirds of pre-crisis levels after falls in the past two years," Karl Koehler, chief executive of Tata Steel's European operations, said.
Adding: "On top of the challenging economic conditions, rules covering energy and the environment in Europe and the UK threaten to impose huge additional costs on the steel industry."
It is understood that the company will negotiate with workers and unions over restructuring plans.
(MH/CD)
Related UK National News Stories
Click here for the latest headlines.
23 November 2012
Tata Steel Cut 900 Jobs Nationwide
900 jobs are to be axed by Tata Steel across the UK, almost 600 of which will be at plants in Wales. It is understood most of the Welsh losses will be management and administrative posts in Port Talbot and Llanwern near Newport. 155 jobs in Yorkshire will go, alongside 120 in the West Midlands and 30 on Teesside.
Tata Steel Cut 900 Jobs Nationwide
900 jobs are to be axed by Tata Steel across the UK, almost 600 of which will be at plants in Wales. It is understood most of the Welsh losses will be management and administrative posts in Port Talbot and Llanwern near Newport. 155 jobs in Yorkshire will go, alongside 120 in the West Midlands and 30 on Teesside.
26 January 2009
Steel Giant To Cut 3,500 Jobs
Steel giant Corus has confirmed it is to axe around 3,500 jobs around the world, 2,500 of these to be cut in the UK. The Anglo-Dutch company made the decision following a series of strategic measures sparked by the recession. Corus CEO Philippe Varin said: "The structural changes we are proposing today have been carefully considered.
Steel Giant To Cut 3,500 Jobs
Steel giant Corus has confirmed it is to axe around 3,500 jobs around the world, 2,500 of these to be cut in the UK. The Anglo-Dutch company made the decision following a series of strategic measures sparked by the recession. Corus CEO Philippe Varin said: "The structural changes we are proposing today have been carefully considered.
23 October 2015
£9m Support Package Announced For Tata Steel Workers
A support package of £9 million for Tata Steel employees and the local economy affected by the proposed job losses at the Scunthorpe steelworks has been announced.
£9m Support Package Announced For Tata Steel Workers
A support package of £9 million for Tata Steel employees and the local economy affected by the proposed job losses at the Scunthorpe steelworks has been announced.
01 July 2014
Tata Steel To Axe 400 Jobs
Tata Steel has confirmed plans to cut 400 jobs at its plant in Port Talbot. The firm said it was restructuring to improve the competitiveness of the business. The company said in statement the job losses would reduce costs and enable it to compete in an era of lower market demand.
Tata Steel To Axe 400 Jobs
Tata Steel has confirmed plans to cut 400 jobs at its plant in Port Talbot. The firm said it was restructuring to improve the competitiveness of the business. The company said in statement the job losses would reduce costs and enable it to compete in an era of lower market demand.
20 October 2006
Tata agree £4.3bn deal with Corus
Indian group Tata Steel has confirmed it has agreed a £4.3bn takeover from Anglo-Dutch steel company Corus. Tata said the acquisition is 'strategically compelling' and would create the fifth largest steel producer with pro forma crude steel output of 23.5 mln tonnes in 2005.
Tata agree £4.3bn deal with Corus
Indian group Tata Steel has confirmed it has agreed a £4.3bn takeover from Anglo-Dutch steel company Corus. Tata said the acquisition is 'strategically compelling' and would create the fifth largest steel producer with pro forma crude steel output of 23.5 mln tonnes in 2005.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
