TITLE

Corus

PUB. DATE
January 2009
SOURCE
PRWeek (London);1/30/2009, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article assesses the downsizing and restructuring of Anglo-Dutch steeelmaker Corus, formerly British Steel. The collapse of manufacturing has driven the company to cut 2,500 jobs in Great Britain, just over 10 percent of its British workforce. This move to downsize will primarily hit South Wales and South Yorkshire after Corus reported a 40 percent drop in demand for products amid a slump in steel prices. Public relation agency Brunswick is advising the company's in-house team.
ACCESSION #
36502063

 

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