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Corus Could Cut More Jobs at Scunthorpe
07/10/2009 - Corus announces that an additional 366 positions are at risk at its Scunthorpe site in North East England as the company continues to try to balance labor costs with anticipated demand.
Corus has announced that an additional 366 positions at its Scunthorpe site in North East England were at risk as the company continues to try to balance labor costs with anticipated demand.
The news follows the company’s June announcement that it would lay off up to 2045 employees at various production facilities, and an earlier strategic initiative announcement (in January) regarding the loss of up to 3500 employees.
Corus, Europe's second-largest steel producer, produces steel primarily from its main steelmaking operations in the UK and the Netherlands. In addition to Scunthorpe, Corus operates three other integrated steelmaking facilities in Port Talbot and Teesside in the U.K. and in Ijmuiden in the Netherlands. The company said the proposed job cuts at Scunthorpe would allow it to improve its competitiveness by better aligning employment costs with anticipated steel demand.
Consultations with employees and their representatives have already begun at the Scunthorpe facility. The company said that it would seek voluntary redundancies where possible, while also ensuring that critical skills are retained.
The company noted that support packages would be available to those leaving the company.
The company noted that support packages would be available to those leaving the company.
Corus supplies steel and related services to the construction, automotive, packaging, mechanical engineering and other markets worldwide. It is a subsidiary of Tata Steel, one of the world’s top ten steel producers. Following the acquisition of Corus in 2007, the combined enterprise has an aggregate crude steel capacity of more than 28 million tonnes and approximately 82,700 employees across four continents.
