Corus

Type
Internal restructuring
Country
United Kingdom
Region
Yorkshire and The Humber; West Yorkshire;
Location of affected unit(s)
Leeds, other locations
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys
24.1 - Manufacture of basic iron and steel and of ferro-alloys
400 jobs
Number of planned job losses
Job loss
Announcement Date
6 November 2008
Employment effect (start)
Foreseen end date

Description

Corus, a steel company and member of the Tata Steel Group, is to cut 400 jobs from its distribution business. The job losses reflect falling demand due to the economic turmoil. The cuts include 100 in the West Midlands, about 100 in Shotton (North Wales), 50 in South Wales and 50 in Leeds. As of November 2008 there is no information on when the job losses will be implemented by or where the remaining 100 jobs will be cut from.

Sources

  • 7 November 2008: The Guardian

Citation

Eurofound (2008), Corus, Internal restructuring in United Kingdom, factsheet number 67348, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67348.