Don’t miss the latest developments in business and finance.

Amid layoff reports, workers' unions to hold Tata Steel to its job pact

Tata Steel on Monday said it planned to cut 3,000 jobs at its European operations, as the sector wrestles with excess supply, weak demand and high costs.

Tata Steel
Reuters Amsterdam
1 min read Last Updated : Nov 19 2019 | 8:33 PM IST

Unions of Tata Steel workers on Tuesday said they would hold the Indian-owned company to its promise that it would not lay off workers until the end of 2021.

"We secured a jobs guarantee until 2021 and we will be robustly defending that agreement", Roy Rickhuss, General Secretary of the steelworkers' trade union said.

Tata Steel on Monday said it planned to cut 3,000 jobs at its European operations, as the sector wrestles with excess supply, weak demand and high costs.

 

Also Read

Topics :Tata SteelTata Steel UKworkerslayoff

First Published: Nov 19 2019 | 5:08 PM IST

Next Story