Workers had been braced for up to 3,000 job cuts and confirmation of the closure of two blast furnaces
Tata Steel has pulled an announcement that had been expected to detail steep job cuts at its Port Talbot steelworks, in a dramatic last-minute reprieve that has left workers in the dark over the plant’s future.
Workers had been braced for confirmation of the closures of the two blast furnaces after a board meeting on Wednesday. However, Tata communicated after the board meeting that it would not be releasing a statement on its plans.
About Author
More Stories
Majority of Australians think China will be world’s most powerful country by 2035, poll finds
Trump’s ‘revenge tax’ could threaten foreign investment into US, analysts say
Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran