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Corus Fires 3,500


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HOLA441
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This is really bad news, as Corus is the sort of firm we need to see growing.

We could lose a 5000 employees from Goldman Sachs and it wouldn't make a blind bit of difference, in fact it would remove a parasite from the economy, but real economies need real innovative manufacturers.

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According to a mate he thinks Llanwern will be shut completely - about 2,000 work there - and that other plants in the north of England will go. That would leave Port Talbot and Trostre as PT is pretty state of art.

Thousands of sub-contractors work for Corus in South Wales - between 6,000 and 10,000 so big knock-on affect in Wales if anything happens re job cuts in Corus down here.

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According to a mate he thinks Llanwern will be shut completely - about 2,000 work there - and that other plants in the north of England will go. That would leave Port Talbot and Trostre as PT is pretty state of art.

Thousands of sub-contractors work for Corus in South Wales - between 6,000 and 10,000 so big knock-on affect in Wales if anything happens re job cuts in Corus down here.

Exactly this is very bad news for the real Welsh economy. There are some really skilled people in this field, and they shouldn't be wasted by either going on the dole or getting hoovered up into Government non jobs that seem to be infesting parts of Wales at the momement.

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Exactly this is very bad news for the real Welsh economy. There are some really skilled people in this field, and they shouldn't be wasted by either going on the dole or getting hoovered up into Government non jobs that seem to be infesting parts of Wales at the momement.

True. I was just reading today that the public sector makes up over 60% of the Welsh economy; events like this just skew the balance even further away from the private sector.

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This is really bad news, as Corus is the sort of firm we need to see growing.

We could lose a 5000 employees from Goldman Sachs and it wouldn't make a blind bit of difference, in fact it would remove a parasite from the economy, but real economies need real innovative manufacturers.

You could not have put it better, this country needs all the manufacturing it can get.

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Don't Tata own Corus - but haven't asked for gov bailout or assistance as far as I'm aware.

Don't Tata also own Jaguar, and asked for gov money but haven't got it.

Maybe I'm putting 2 +2 and getting 5

Tata Steel and Tata who own JLR cars are seperate companies, but I suppose they're not, really.

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Surely countries like India and china can make all this stuff far cheaper?

I don't see why any business would employ manual workers in Europe/the Uk. You can get cheaper workers elsewhere.

err modern steel making is as far from labour intensive manual work as you can get.

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