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Tata Steel 'set to cut 1200 jobs'
Tata Steel is to announce 1,200 UK job cuts next week.
The firm is expected to significantly reduce the workforce at its Scunthorpe steel plant, which employs 3,000 people and is one of the UK's biggest...
TA spokesman said: "We've made a number of structural changes to our UK business over the last months and years to make us more competitive. Like all companies we continue to review the performance of our business."...
It is the second blow to the UK steel industry this week and follows SSI's decision to close its blast furnace and coke ovens in Redcar.
http://www.bbc.co.uk/news/business-34552523
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
Steel prices have slumped worldwide in recent times, and this inevitably has these sort of repercussions. 