TATA Steel Long Products

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
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
1,050 - 1,500 jobs
Number of planned job losses
Job loss
Announcement Date
20 May 2011
Employment effect (start)
Foreseen end date

Description

Tata Steel will cut up to 1500 jobs at its Long Products division. 1200 jobs will be cut in Scunthorpe and 300 in Teesside. The cuts are blamed on falling demand for steel. The company may revise its total job reduction in Scunthorpe from 1,200 to 750 after discussions with trade unions. Unions have proposed other cost saving methods such as flexible working arrangements and reductions in overtime pay and bonuses.

Sources

  • 20 May 2011: BBC News
  • 27 July 2011: Steel Guru

Citation

Eurofound (2011), TATA Steel Long Products, Internal restructuring in United Kingdom, factsheet number 72528, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72528.