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Corus acts to enhance competitiveness at Scunthorpe plant, Uk
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Corus has today announced proposals to improve the competitiveness of its Scunthorpe site in North East England, UK, by aligning employment cost with anticipated steel demand. As a result, 366 jobs are identified as being at risk. Consultations with employees and their representatives have begun on the Scunthorpe site today. Wherever possible the company will seek voluntary redundancies, while at the same time ensuring that critical skills are retained. Support packages will be available to those leaving the company. About Tata Steel Established in 1907, Tata Steel is Asia’s first and India’s largest integrated private sector steel producer. With the acquisition of Corus, the combined enterprise, Tata Steel Li has a total crude steel production capacity of around 30 million tonnes and over 82,000 employees across four continents. Tata Steel has operations in 27 countries and is the second most globally diversified steel group. Tata Steel commits in its new group vision “We aspire to be the global benchmark for Value creation and Corporate Social Responsibility”. For more information, contact: Tata Steel Corus Group |