800 jobs are lost by Tata Steel in the Netherlands

 800 jobs are lost by Tata Steel in the Netherlands

Approximately 9,200 people are now employed by Tata at IJmuiden, which is on the Dutch coast and about 30 kilometers (19 miles) west of Amsterdam.

In an attempt to boost profitability, Tata Steel's Dutch branch said on November 13 that it will eliminate some 800 positions at its IJmuiden factory.

Approximately 9,200 people are now employed by Tata at IJmuiden, which is on the Dutch coast and about 30 kilometers (19 miles) west of Amsterdam.

In a statement, the business said that "more needs to be done beyond all efforts by Tata Steel to improve its market position and decrease costs."

"Also in light of their transition to a cleaner company, in which substantial investments are and will be made."

The reorganization was required to maintain a competitive advantage as the Dutch steel company transitions to more environmentally friendly manufacturing techniques, mostly affecting management and support workers.

Tata's steel production is the greatest single polluter in the Netherlands, accounting for over 7% of the nation's total CO2 emissions.

The firm and the Dutch government are collaborating on plans to transition to more environmentally friendly steel production methods, but they haven't yet come to a consensus on the backing that the company claims it would need.

Without giving any financial information, Tata said in its most recent plan that by 2030, it will replace production based on coal and iron ore with ovens powered by metal waste and hydrogen.