Business & Leadership

Tata Steel to scrap 1,600 jobs in the Netherlands

Tata Steel confirmed on Wednesday it will cut 3,000 in Europe as part of its restructuring plans.

Tata Steel confirmed on Wednesday it will cut 3,000 in Europe as part of its restructuring plans.


The most significant cuts will take place in the IJmuiden factory in the Netherlands where 1,600 are expected to be laid off. Across the UK factories another 1,000 employees will be let go. Tata clarified that these will mainly be management and office jobs.

 

These restructuring plans were put in place after competition regulators blocked a joint venture between Tata and Germany’s Thyssenkrupp. European Head Henrik Adam explained in the press release that “the company cannot afford to stand still in fast-moving world”.

 

Dutch trade union FNV warned Tata that it can expect strikes and labor actions in an interview with Noordhollands Dagblad. General secretary of the British steelworkers’ Community Union, Roy Rickhuss, said: “It feels like the company is just managing decline and we need a significant change of direction that can inspire the workforce that they have a future”.

 

Further talks are expected to take place over the coming weeks.

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