Internal restructuring
European Union
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

3,500 jobs
Number of planned job losses
Job loss
Announcement Date
26 January 2009
Employment effect (start)
Foreseen end date


On 26 January Anglo-Dutch steel manufacturer Corus - part of the India-based Tata-group - announced that it will cut 3,500 jobs. The majority of the job cuts (2,500) will occur in the UK, another 800 in IJmuiden (Netherlands) and the remaining 200 elsewhere in Europe. The job losses are attributed to the shart fall in demand for steel worldwide. Corus tries to avoid forced dismissals. The Dutch central works council and the unions have stated they will not accept forced dismissals. Moreover, they believe that cutting jobs now is unwise, because in the near future when the economy recovers every employee will be needed.

In the Netherlands, 6,400 Corus employees work shorter hours. This reduction in working time is financed with public money. The employees receive training. Corus has contacted the British govermnet requesting a similar program in the UK.


  • 27 January 2009: Het Financieele Dagblad
  • 26 January 2009: NRC Handelsblad


Eurofound (2009), Corus, Internal restructuring in European Union, factsheet number 68067, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68067.