EMCC European Monitoring Centre on Change

Tata Steel IJmuiden

Company/Organisation:
Tata Steel IJmuiden

Geographic Location

Country: Netherlands
Region: IJmond; Noord-Holland; West-Nederland
Location of affected unit(s): IJmuiden

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.10 - Manufacture of basic iron and steel and of ferro-alloys
Number Employed: 11000
Group: Tata Steel

Employment Effects

Announcement Date: 27-11-2019
Planned Job Reductions min: 1600
Type of Restructuring: Internal restructuring

Additional Information

Tata Steel has announced to cut 1,600 jobs in the Netherlands. Tata Steel wants to save €175 million on personnel costs as a part of a major restructuring. This major restructure is necessary due to the rising cost of raw materials and the decline in demand for steel. Two third of the 1,600 job cuts will be office and management positions. 

This restructuring can lead to some issues since the union ‘FNV Metaal’ will not be accepting compulsory dismissals, and the union underlines that it has an agreement with Tata Steel IJmuiden stating that until 1 October 2021 no employees of Tata Steel IJmuiden can be forced to leave.

 

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