India’s Tata Steel will not change its plans on proposed job cuts in Britain, while it also evaluates the need for more funding from the new UK government, CEO T. V. Narendran told Reuters in an interview on Thursday. Tata, Britain’s biggest steel producer, last month began the process of closing down one of its...
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Tag: Tata Steel
New UK govt pushes Tata Steel to protect local jobs before approving grant
3 min read Last Updated : Jul 17 2024 | 11:16 AM IST The newly elected Labour government in the UK is expected to demand that Tata Steel safeguard local jobs at its Port Talbot plant before approving a £500 million ($635 million) support package initially offered by the previous administration. According to a report...
Don’t see change in UK strategy: Tata Steel Chairman N Chandrasekaran
N Chandrasekaran, Chairman, Tata Steel 4 min read Last Updated : Jul 15 2024 | 10:26 PM IST There has been no change in Tata Steel’s strategy on operations in the United Kingdom (UK), company Chairman N Chandrasekaran has told shareholders. The statement comes amid growing concern about the restructuring plan in the...
Britain prioritising jobs in Tata Steel talks – minister – ET Infra
LONDON: Britain‘s new government is prioritising avoiding job losses in talks with Tata Steel over government backing for a transition to lower-carbon technologies, business minister Jonathan Reynolds said on Sunday. Tata, Britain’s biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for...
UK to demand Indian-owned Tata saves jobs at Wales steelworks: minister
The UK government will demand that jobs are saved at Tata’s steelworks in Port Talbot, Wales, in exchange for state support for the industry, new Business Secretary Jonathan Reynolds said. Reynolds – in the job for less than two days after the Labour Party’s landslide win in Thursday’s general election, – told the BBC on...
Tata Steel job losses in focus as Keir Starmer-led UK govt takes over, union suspends strike | Mint
The newly elected UK government indicated on Sunday that it was focused on preventing job losses at Tata Steel. The Keir Starmer-led administration is reportedly in talks with the company. Up to 2,800 people can lose their jobs in the coming months as Britain’s biggest steel producer begins closing two of its carbon-intensive blast furnaces....
New British govt prioritising avoiding job cuts in Tata Steel talks
The new government will need to sign the 500 million pound ($635 million) support package the previous government agreed with Tata Steel to help build a lower-carbon electric arc furnace. Photo: Bloomberg 1 min read Last Updated : Jul 07 2024 | 3:27 PM IST Britain’s new government is prioritising avoiding job losses in...
Tata Steel’s UK workers to strike over job cuts and blast furnace closures
Tata Steel’s workers in the UK will begin an “indefinite strike” from July 8 in protest over the company’s plans to cut jobs, marking the UK’s first strike by steelworkers in 40 years. Tata Steel’s Port Talbot steel production plant is seen at night time (Toby Melville/Reuters) Around 1,500 workers based in the Port Talbot...
1.5K Tata Steel staff in Britain to start indefinite strike from July 8
4 min read Last Updated : Jun 21 2024 | 11:53 PM IST Around 1,500 Tata Steel workers based in Port Talbot and Llanwern in Wales will begin an ‘all-out’ indefinite strike action from July 8 over the company’s plans to cut 2,800 jobs and close its blast furnaces, trade union Unite said on...
Job cuts in Tata Steel’s UK operations ‘inevitable’, says CEO T V Narendran
Loss of jobs for around 2,500 workers at Tata Steel‘s operations in the UK, which are in a transition phase, is “inevitable”, the company’s CEO T V Narendran said. As reported by PTI, concerns about potential job losses have led to criticism from workers’ unions, prompting ongoing protests against Tata Steel in the UK. Tata...
2,500 job cuts inevitable in Tata Steel’s UK operations: CEO Narendran
3 min read Last Updated : Jun 02 2024 | 11:45 AM IST Loss of jobs for around 2,500 workers at Tata Steel’s operations in the UK, which are in a transition phase, is “inevitable”, the company’s CEO T V Narendran said. Fear of job losses has attracted criticism of the workers’ unions...
2,500 job cuts! Layoffs in Tata Steel’s UK operations inevitable, says CEO Narendran
Loss of jobs for around 2,500 workers at Tata Steel‘s operations in the UK, which are in a transition phase, is “inevitable”, the company’s CEO T V Narendran said. Fear of job losses has attracted criticism of the workers’ unions and they are continuously protesting against the company in the UK. India-based Tata Steel owns...
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