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Tata Steel inks deal to pay annual bonus to employees ThenbspTata Steel managementnbspandnbspT...
Tata Steel extends to -hour shifts in Jamshedpur plant from normal hours duty Tata Steels Jamsh...
TV Narendran, MD amp CEO, Tata Steel on strategies to adapt New Normal As the manufacturing sector...
Strike at Tata Steel’s Dutch plant ends after agreement on jobs IJMUIDEN: Workers at Tata Steel’s main plant in the Netherlands ended a three-week strike on Friday after the company said there would be no compulsory layoffs under a planned reorganisation of its Dutch operations. “We are pleased to announce we have reached an agreement […]
Tata Group plans layoffs to save fixed costs as profit dips- Report According to The Times-News Network (TNN), as the COVID-19 crisis continues, The Tata Group may eliminate jobs at some businesses to save fixed costs as it grapples with falling profits due to the pandemic, and global economic projections pointing to a challenging time […]
The salary cuts at Tata Group, approximately 15-20 percent, only for senior roles, Vice President level and above Tata Sons and the group companies are exploring 15-20% salary cuts for the senior management to optimize costs as the coronavirus outbreak hits businesses across the group. The decision was taken at the Tata Sons’ board meeting […]
Tata Steel has confirmed that it will honour all job offers made to new hires. The company has conducted online onboarding of 96 officers, including management trainees over the months of April and May. “We have ensured that all the candidates that accepted their offers for jobs were on-boarded on the date committed to them,” […]
Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]
Tata Steel Europe is planning to cut 1,250 jobs as it faces “challenging circumstances” and “needs to urgently improve profitability”, Chief Executive Officer Henrik Adam said. “Our financial situation is serious and there’s an urgent priority to improve the performance of the business and our cash position,” Adams said in the memo. Besides the job […]
