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International Business Times
International Business Times
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AFP News

Tata Steel To Cut 3,000 Jobs In Wales: Source

Some 3,000 of the 8,000 jobs at the facility will go, sources said, despite massive UK government aid to finance a shift to greener steel production (Credit: AFP)

Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source said Thursday, as the industry struggles to finance greener production of the metal.

The company will on Friday confirm the closure of two blast furnaces at the Port Talbot steelworks, resulting in the loss of over one-third of staff, the source with knowledge of the plan told AFP.

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