Restructuring at Tata Steel Nederland’s Tubes business
Tata Steel Nederland is reorganising its Tubes business unit aimed at improving profitability. The intended restructuring primarily targets the production of precision tubes and is expected to result in the loss of approximately 120 jobs.
“Due to the persistent weakness and competition in the precision tube market, we are forced to take measures. We aim to become profitable again and continue delivering high-quality tubes to our customers,” said Jacob Gerkema, Managing Director Tubes. “Regrettably, we must part ways with colleagues at various locations. We will make every effort to minimise forced redundancies and help our employees in finding alternative employment, whether within or outside the company.”
To reduce overcapacity in precision tubes production, 3 welding lines and 2 sawing machines will be taken out of operation. These installations produce high-quality precision tubes for the automotive market, among others.
The request for advice for the intended measures has been submitted to the Works Council and the trade unions have been informed. The restructuring at Tubes is separate from the previously announced reorganisation in IJmuiden.