Tata Steel Netherlands' employees protest again
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Update time : 2020-05-28 22:14:58
After Theo Henrar, the CEO of Tata Steel Netherlands, resigned recently, the factory had another employee protest activity on May 26th by blocking the entrance by trucks.
Workers were worried about Indian executives will soon promote the European asset restructuring without support by Theo Henrar and the employees might be sacrificed for saving the operation of Tata Steel UK. About 1,250 employees will be unemployed due to the reorganization plan in Europe.
Market participants believed that the weak European market was one of the reasons for the reorganization of Tata Steel and it might be difficult to become better before the end of this year.
