Liberty Announces Layoffs at U.K. Mills
01/10/2020 - Citing challenging market conditions, Liberty Steel Group will lay off up to 355 employees at its U.K. mills in South Yorkshire and South Wales, the company has said.
In a statement, Liberty Steel UK chief executive Cornelius Louwrens said that while the company has “has taken enormous strides in improving the performance of the steel mills it has acquired over the last six years,” the market continues to face headwinds.
"Unfortunately, the steel industry in the U.K. is facing challenging conditions and we have made the difficult decision that there is a need to reduce the workforce at a handful of locations in order to make them sustainable for the long term,” he said.
He said the company will attempt to find other roles within the organization for affected employees.
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