Blow for British steel industry as 2,500 jobs go at Port Talbot
Briefly

Despite a £500 million taxpayer-backed deal to support the Port Talbot plant, confirmed job cuts of 2,500 from Tata Steel highlight the ongoing crisis in the industry.
The deal with Tata Steel aims to future-proof the Port Talbot site by constructing a new electric arc furnace, yet it will eliminate 2,500 jobs, raising concerns over local economic stability.
Improved redundancy packages for workers at risk and potential training programme incentives do little to soften the blow of the impending loss of thousands of steel jobs.
The transition to a greener electric arc furnace is a pivotal development for Tata Steel, but the shift also reveals the stark reality of a less labour-intensive production model.
Read at www.theguardian.com
[
]
[
|
]