Tata Steel axes 110 jobs at Corby plant to cut costs
Thursday 26 January 2012
Tata Steel is laying off 110 staff at its Corby site in Northamptonshire, as part of a cost-cutting plan that will result in a total of 200 job losses across Europe.
The redundancies follow 1,200 layoffs at Tata's Scunthorpe, Redcar and Teeside plants last May, and are part of its ongoing drive to cut costs and improve efficiency as sluggish economies drag down demand for steel tubes.
Remco Blaauw, the managing director of Tata's European tube business, said: "The measures announced today are designed to bring these sites into a sustainable, financial position.
"Our goal is to minimise the impact on our employees and to assist affected colleagues through a difficult process," he added.
Michael Leahy, the general secretary of the Community union, said: "This is a massive blow for the workforce in Corby ... the impact on the local community and families will be particularly hard."
- 1 Renee Zellweger on plastic surgery reports: 'I'm living a fulfilling life and I'm thrilled that perhaps it shows'
- 2 Disney announces new female-led film Moana
- 3 Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
- 4 Australian café owner sparks debate after saying 'No' to having unruly children on premises
- 5 Video: Boxer Vido Loncar brutally assaults referee following defeat
Chicago voter tells Obama 'don't touch my girlfriend' – Obama stays super smooth
Renee Zellweger on plastic surgery reports: 'I'm living a fulfilling life and I'm thrilled that perhaps it shows'
Isis releases first video showing stoning of woman accused of committing adultery as her father shouts 'don't call me Dad'
Oscar Pistorius: The brutal prison life that awaits disgraced athlete
Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver 'kicks gay couple off for kissing'
Support for EU membership 'at highest level since 1991 with most Brits wanting to stay in'
iJobs Money & Business
£24000 - £28000 per annum + bonus & benefits: Ashdown Group: IT Business Syste...
£18000 - £23000 per annum + Commission: SThree: The SThree group is a world le...
£18000 - £23000 per annum + Comission: SThree: The SThree group is a world lea...
£20000 - £25000 per annum + OTE £Competitive: SThree: SThree Group and have be...