ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Tata Steel to slash 3,000 jobs, trimming European team by 10%

Indian steelmaker reduces costs after aborted ThyssenKrupp merger

Factory-floor workers will be affected by up to one-third of the job cuts at Tata Steel Europe.   © Reuters

MUMBAI -- India's Tata Steel will cut 3,000 jobs in Europe, more than 10% of the regional workforce, as the steelmaker looks to reduce costs amid the economic slowdown on the continent.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more