Major Companies Firing Employees: What You Need To Know
Since the beginning of 2024, major companies have been announcing large-scale layoffs. These layoffs have been caused by economic downturns, company restructuring, mergers, shifts in business strategies, etc. Tata Steel UK Layoffs Tata Steel UK, a subsidiary of Tata Group, is firing around 2,500 employees. The CEO, T V Narendran, said, “The loss of the…
Himanshu
UK Signs Deal With Tata Steel, “Will Create 4,000 Jobs”
UK’s prime minister Rishi Sunak signed a deal with Tata Steel that will help convert a coal-based steel plant in Port Talbot into a lower emission electric arc furnace. PM Rishi Sunak pointed out how this deal will help create more than 4,000 jobs for the British people and will also help in lowering the…
Yash Sharma
Adani Group Gives Green Signal to $5 Billion Steel Project With POSCO
South Korea’s POSCO and Indian billionaire Gautam Adani, together, aim to invest about $5 billion in the steel project in the western state of Gujarat. With this, the conglomerate, which is India’s largest player in ports and renewable energy, is making a move in the metal sector. Before this, it steps into aluminum and copper….
John David