April 10, 2025
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Tata Steel to cut around 20% of Dutch staff
Tata Steel announced plans to cut around 1,600 jobs in the Netherlands, about 20% of its Dutch workforce, mainly at the IJmuiden plant near Amsterdam. The move aims to boost profitability amid rising U.S. tariffs and tough competition from Chinese imports. Most of the cuts will affect management and support roles as Tata looks to streamline operations. The Dutch arm posted a €556 million loss in the year ending March 2024, driven by high energy costs and falling margins.
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