More Corus jobs under threat
Another 366 jobs are under threat at the Scunthorpe unit of giant steelmaker Corus, the group’s Indian owner Tata Steel warned yesterday, as it pushed ahead with plans to align its employment costs with expected steel demand. Tata, the world’s sixth-biggest steelmaker, said consultations with employees at the plant have begun, and it will seek voluntary redundancies wherever possible. In June, Corus announced plans to cut about 2,000 jobs in Britain and the Netherlands, including 500 white-collar jobs at Scunthorpe, based in northeastern England.