Tata Steel Planning It’s Restructure At Home

  • Tuesday, 23 February 2016 02:15

Tata Steel embarked on the integral first step to a much needed restructuring of their steel plants.

While the turmoil in Europe continues, with Britain in particular feeling the brunt of China’s steel dumping. One of the main targets for the embattled British steel worker is Tata, who has been responsible for tens of thousands of lost jobs in Britain.

While they have found their hands tied in regards to restructuring their European branches, Tata has begun the process of restructuring at home. The restructuring will involve all walks of the company, including human resources, transportation and production.

An anonymous source revealed to economic times that Tata had a “relatively higher percentage of manpower cost because of employee philosophies” but stressed that it “does not necessarily mean job cuts. The company will look at increasing the productivity of its assets.”

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