The management of Tata Steel in the Netherlands is seriously concerned about its future in IJmuiden after a planned merger with Germany’s ThyssenKrupp, reports the NOS broadcaster.
It is reportedly worried about a loss of control of Dutch income, and more job losses than predicted.
The body’s central works council has said that there could be up to 5500 positions lost, instead of the 4,000 previously discussed.
Announced in September, the merger would create Europe’s second-largest flat steel business.
Thank you for donating to DutchNews.nl
The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.
DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.