Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
27 November 2019
Employment effect (start)
27 November 2019
Foreseen end date

Description

Tata Steel, an Indian-owned global steel producer, has announced plans to cut 1,000 jobs in the UK as part of its European restructuring programme. The company said that two-thirds of the redundancies would affect management and office jobs but it is uncertain which UK locations will be affected. There is no information on the redundancy plan, yet.

Tata Steel Europe’s CEO explained that the company had to adapt to changing markets and become more sustainable. A representative of the trade union Community said they were not consulted about the cuts and added that they were shocked at the scale of the redundancies and were prepared for negotiations with Tata for a jobs guarantee contract, that should be effective until 2021.

Tata Steel UK owns steelworks in Port Talbot in South Wales and several steel mills and offices across the UK.


Sources

Citation

Eurofound (2019), Tata Steel, Internal restructuring in United Kingdom, factsheet number 99499, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99499.