Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.Tata Steel employs about 8,000 staff in the UK.
Towards the end of last year, the UK government provided £500 million ($634 million) to fund the production of "greener" steel at the country's biggest steelworks, while saying that 3,000 jobs were still at risk.
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