Tata Steel Job Cuts
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Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
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UK Still Offers To Take Stake In Port Talbot After Tata Steel Pauses Sale
Britain said on Monday that it could still take a stake in Tata Steel's largest assets, including the Port Talbot plant, or offer loans in order to find a buyer after the Indian steelmaker said it was pausing the sale.
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Tata Steel to Cut 400 Jobs in UK's South Wales
Under the company's new management, Tata Steel has intensified cost cuts and focused on high-margin products to cope with soft demand in Europe, its biggest market.
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Tata Steel Europe To Cut 1,250 Jobs In Turnaround Push
"Our financial situation is serious and there's an urgent priority to improve the performance of the business and our cash position," CEO Henrik Adam said.
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Tata Steel To Cut 800 Jobs At Netherlands Plant To "Bring Down Costs"
Indian-owned steelmaking giant Tata Steel announced Monday it was scrapping 800 jobs at its under-pressure plant in the Netherlands to "improve market conditions and bring down costs."
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Tata Steel Europe To Cut 1,250 Jobs In Turnaround Push
"Our financial situation is serious and there's an urgent priority to improve the performance of the business and our cash position," CEO Henrik Adam said.
-
UK Still Offers To Take Stake In Port Talbot After Tata Steel Pauses Sale
Britain said on Monday that it could still take a stake in Tata Steel's largest assets, including the Port Talbot plant, or offer loans in order to find a buyer after the Indian steelmaker said it was pausing the sale.
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Carmakers Seek Alternatives To UK Steel As Tata Looks For Buyers
Carmakers in Britain are making plans to get more steel from continental Europe, putting pressure on Tata Steel to secure a sale of its troubled UK plants before it loses customers.
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Tata Steel May Hold On To Its UK Steelworks: Report
Tata Steel may still hold on to its UK steelworks and their proposed sale may be put off after a personal intervention by Prime Minister David Cameron who is keen on averting the collapse of Britain's steel industry ahead of the European Union (EU) referendum, a media report said on Sunday.
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Rival Suitors Consider Joint Bid For Tata Steel's UK Assets: Report
Excalibur Steel, a management buyout group interested in purchasing Tata Steel's British steelmaking operations, is considering joining forces with rival bidder Liberty House, The Sunday Times newspaper reported.
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Tata Steel Confirms 7 Interested Buyers For UK Assets
Tata Steel Europe on Monday announced it has received seven expressions of interest to acquire the firm's UK ailing business.
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UK Business Secretary Postpones Iran Trip To Focus On Steel Crisis
UK Business Secretary Sajid Javid has postponed a major trade visit to Iran to focus on the future of Britain's steel industry, a spokesman from the business department said on Tuesday, as the government tries to save jobs of thousands of steelworkers.
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Indian-Origin Tycoon Evaluating Bid For Tata Steel UK Assets
Britain-based Indian tycoon Sanjeev Gupta has said his Liberty House group is evaluating a bid for other UK assets of the troubled Tata Steel after completing the acquisition of the firm's loss-making plants in Scotland.
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Sale of Tata Steel's UK Businesses Difficult, Says British Government
Securing the sale of Tata Steel's businesses in Britain is a difficult process and Prime Minister David Cameron is trying to be as realistic as possible about saving the plants, his spokesman said on Wednesday.
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British PM Urges Tata Steel UK To Sell Whole Of Its Business
British Prime Minister David Cameron told the management of Tata Steel on Tuesday that any sale of its remaining British assets would have to cover the whole of its business and be given sufficient time to take place.
-
Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
-
UK Still Offers To Take Stake In Port Talbot After Tata Steel Pauses Sale
Britain said on Monday that it could still take a stake in Tata Steel's largest assets, including the Port Talbot plant, or offer loans in order to find a buyer after the Indian steelmaker said it was pausing the sale.
-
Tata Steel to Cut 400 Jobs in UK's South Wales
Under the company's new management, Tata Steel has intensified cost cuts and focused on high-margin products to cope with soft demand in Europe, its biggest market.
-
Tata Steel Europe To Cut 1,250 Jobs In Turnaround Push
"Our financial situation is serious and there's an urgent priority to improve the performance of the business and our cash position," CEO Henrik Adam said.
-
Tata Steel To Cut 800 Jobs At Netherlands Plant To "Bring Down Costs"
Indian-owned steelmaking giant Tata Steel announced Monday it was scrapping 800 jobs at its under-pressure plant in the Netherlands to "improve market conditions and bring down costs."
-
Tata Steel Europe To Cut 1,250 Jobs In Turnaround Push
"Our financial situation is serious and there's an urgent priority to improve the performance of the business and our cash position," CEO Henrik Adam said.
-
UK Still Offers To Take Stake In Port Talbot After Tata Steel Pauses Sale
Britain said on Monday that it could still take a stake in Tata Steel's largest assets, including the Port Talbot plant, or offer loans in order to find a buyer after the Indian steelmaker said it was pausing the sale.
-
Carmakers Seek Alternatives To UK Steel As Tata Looks For Buyers
Carmakers in Britain are making plans to get more steel from continental Europe, putting pressure on Tata Steel to secure a sale of its troubled UK plants before it loses customers.
-
Tata Steel May Hold On To Its UK Steelworks: Report
Tata Steel may still hold on to its UK steelworks and their proposed sale may be put off after a personal intervention by Prime Minister David Cameron who is keen on averting the collapse of Britain's steel industry ahead of the European Union (EU) referendum, a media report said on Sunday.
-
Rival Suitors Consider Joint Bid For Tata Steel's UK Assets: Report
Excalibur Steel, a management buyout group interested in purchasing Tata Steel's British steelmaking operations, is considering joining forces with rival bidder Liberty House, The Sunday Times newspaper reported.
-
Tata Steel Confirms 7 Interested Buyers For UK Assets
Tata Steel Europe on Monday announced it has received seven expressions of interest to acquire the firm's UK ailing business.
-
UK Business Secretary Postpones Iran Trip To Focus On Steel Crisis
UK Business Secretary Sajid Javid has postponed a major trade visit to Iran to focus on the future of Britain's steel industry, a spokesman from the business department said on Tuesday, as the government tries to save jobs of thousands of steelworkers.
-
Indian-Origin Tycoon Evaluating Bid For Tata Steel UK Assets
Britain-based Indian tycoon Sanjeev Gupta has said his Liberty House group is evaluating a bid for other UK assets of the troubled Tata Steel after completing the acquisition of the firm's loss-making plants in Scotland.
-
Sale of Tata Steel's UK Businesses Difficult, Says British Government
Securing the sale of Tata Steel's businesses in Britain is a difficult process and Prime Minister David Cameron is trying to be as realistic as possible about saving the plants, his spokesman said on Wednesday.
-
British PM Urges Tata Steel UK To Sell Whole Of Its Business
British Prime Minister David Cameron told the management of Tata Steel on Tuesday that any sale of its remaining British assets would have to cover the whole of its business and be given sufficient time to take place.
