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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Motilal Oswal Securities Ltd.
Provider: Axis Capital Limited

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TATA Steel Ltd To Cut 900 Jobs In Britain-Reuters

Thursday, 22 Nov 2012 07:49pm EST 

Reuters reported that India's TATA Steel Ltd said on November 23,2012 it would cut 900 jobs across Britain as part of a restructuring plan aimed at stemming losses in weak European markets. The group said 580 jobs would go at its Port Talbot plant in south Wales as part of proposals to restructure its management and administrative functions. It also plans to close 12 steel finishing and processing sites in England and Wales. 

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1.9 +0.42%
23 Oct 2014