Hundreds of jobs may be lost at the Tata Steel plant in IJmuiden as part of the company’s plans to slash spending in Europe by €830m.
The Dutch plant is the biggest in the company’s European operations and up to 2,500 jobs across the continent could be under threat, unions say.
News of the cost cutting plan leaked out to local newspaper NH Nieuws on Monday and details are still sketchy. More clarity about where the jobs will go is likely next month.
The memo did say that Tata Steel Nederland would have to contribute ‘a large part of this amount or €170m in cost savings’.
The IJmuiden plant has a workforce of some 9,000 and is one of the most modern steel works in Europe. It focuses on making steel for the car and packaging industries.
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.