Corus confirms 210 more jobs will be lost

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The Independent Online

Steel maker Corus has announced it is planning to cut 210 jobs in England and Wales from the end of next month.

Steel maker Corus has announced it is planning to cut 210 jobs in England and Wales from the end of next month.

100 people will lose their jobs in Port Talbot, 45 in Shotton and another 65 in Teesside.

The news follows a total of 4,000 cuts already announced by the company, which was formed in a merger between British Steel and Dutch group Hoogovens.

The firm is also rumoured to be planning to reduce working hours at some of its other Welsh Plants.

Corus blamed the strong pound for some of its woes, which have seen it report half-year losses before tax of £165 million.

Nick Cragg, managing director of Corus Strip Products, said: "This is a particularly challenging time since market conditions are increasingly difficult.

"We regret the job losses and sympathise with those affected, but the operational changes are a direct consequence of the changing business climate."

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