The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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
160 jobs Number of planned job creations
Announcement Date
31 March 2010
Employment effect (start)
31 March 2010
Foreseen end date
Description
Steel production company Corus has announced it is to create 160 jobs in South Yorkshire; 110 at its Stocksbridge site and 50 at its Rotherham site. Only last year the company made 2000 job cuts across the UK due to a reduced demand, however conditions have recently improved. Corus is also considering the feasibility of transferring staff in from its recently mothballed Redcar plant. Peter Hogg, from Corus, said: "It is important that we do what we can to retain as many skilled workers as possible." No information was given regarding the recruitment timeline or how many people the company currently employs over all.
Sources
31 March 2010: BBC Website
Citation
Eurofound (2010), Corus, Business expansion in United Kingdom, factsheet number 70393, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70393.
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