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  1. ITV Report

Tata Steel to cut 1000 jobs across the UK in restructuring plan

Tata Steel Credit: PA

Tata Steel has announced that it plans to cut 1000 jobs in the UK as part of wider restructuring proposals.

Discussions were held between Tata Steel Europe and its European Works Council today, marking the start of an open-ended 'employee consultation process'.

The talks covered transformation plans to safeguard the long-term future of the business, including optimising production processes and accelerating the move towards carbon-neutral steelmaking.

In addition, the firm have detailed plans to lower employment costs by reducing employee numbers by up to 3,000 across Tata Steel Europe's operations. Two-thirds of this number is expected to be in management and office-based roles.

One-third of the overall job cuts are expected to be in the UK.

1,600 jobs are expected to be cut in the Netherlands and the remaining 350 elsewhere in the world.

Tata employs around 300 people at its pipe mills in Hartlepool. However, the company is unable to confirm where in the UK the job losses will fall at this stage.

The CEO of Tata Steel in Europe, Henrik Adam, acknowledged the concerns of workers about the proposals. He said:

Change creates uncertainty, but we cannot afford to stand still as a company – the world around us is changing fast and we have to adapt. Our strategy is to build a strong and stable European business, capable of making significant investments needed for a successful future.”

– Henrik Adam, CEO of Tata Steel in Europe

Tata Steel have agreed with the European Works Council on a forward process and will meet again in the coming weeks to discuss further details.