Monday, 26 January 2009

Corus: it could have been worse

Trostre and Margam are safe, though Llanwern is to be mothballed. There will be pain, a thousand jobs being lost across South Wales, but Tata has clearly taken a considered, calculated, line in response to the downturn in orders for steel. Nor have they been afraid to cut more jobs in England than in Wales.

The company has planned for a timely response when the upturn comes, and, as a Labour council colleague has pointed out, the company is not burdened with debt to the extent that other steel companies are.

1 comment:

Anonymous said...

No wonder Brown came a couple of weeks ago to Wales, rather than this week.

Little shit of a man!