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Tata Steel CEO says job cuts in Britain least bad option, will continue talks, ET EnergyWorld

The steelmaker will close its two blast furnaces in Britain by the end of this year, axing up to 2,800 jobs at its Port Talbot steelworks in Wales.

Tata steel job cuts: Tata Steel CEO says job cuts in Britain least bad option, will continue talks

Tata Steel s planned job cuts in Britain are seen as the "least bad option" by CEO T V Narendran, who hopes to reach a conclusion with unions in the next two months. The company will close two blast furnaces, resulting in up to 2,800 job losses. Trade unions have rejected the plan and are considering industrial action.

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