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Tata Steel Europe To Cut 1,250 Jobs In Turnaround Push

In November, Tata Steel had decided to cut 3,000 jobs across its European business
In November, Tata Steel had decided to cut 3,000 jobs across its European business
Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs to urgently improve profitability", chief executive officer Henrik Adam said in an internal memo seen by news agency Reuters on Tuesday.
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