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18 January, 2016 00:00 00 AM
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Tata Steel Welsh unit fears job losses

PTI

Tata Steel is expected to announce hundreds of job cuts at its Port Talbot plant in Wales in a statement to the Indian Stock Exchange in Mumbai as early as next week, according to a British media report, reports PTI.
The Indian steel giant has been suffering from plant closures across the UK in the face of a crisis gripping the British steel industry, largely due to cheap Chinese imports.
On Friday, Welsh’s national assembly member Bethan Jenkins on her Facebook page said: “Am hearing that there is to be an announcement of job losses at Tata on Monday. The number I have been quoted is 750 jobs.
“No more detail than that as yet... Don’t know if anyone who works there on my friends list has any more information.  I’ve contacted Tata to ask for details.”  The Port Talbot unit, which employs around 4,000 workers, is the latest to be hit and a survival plan is expected to be worked out next week.

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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