Tata Steel Europe To Cut 1,250 Jobs In Turnaround Push
"Our financial situation is serious and there's an urgent priority to improve the performance of the business and our cash position," CEO Henrik Adam said.
In November, Tata Steel had decided to cut 3,000 jobs across its European business
Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs to urgently improve profitability", chief executive officer Henrik Adam said
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