11/18/2019, 1:35 PM (Source: TeleTrader)
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Tata Steel cutting jobs in Europe

Tata Steel Ltd. announced on Monday its plans to cut jobs in its European operations.

The company said it was "working hard to be operationally cash positive," but did not specify how many of its 20,000 European positions it will cut.

Earlier in September, the steel-making company announced the closure of its plant in Wales after failing to find a buyer.

Breaking the News / MD