Layoffs! Tata Group company cuts 2500 jobs – CEO responds – Companies

Layoffs! Tata Group company cuts 2500 jobs - CEO responds - Companies


Tata Steel Layoffs 2024: Tata Steel, a subsidiary of Tata Group, is laying off around 2,500 workers at its UK operations as it transitions greener steelcreating process. The company’s CEO T V Narconcluderan declared the loss of the UK site, which is in a transition phase, is “inevitable.” The workers’ unions are, meanwhile, criticising the fear of job cuts and continuously protesting against the company in the UK, as per PTI report.



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