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Tata Steel Nederland

The company announced a large-scale restructuring to restore profitability and strengthen its position

Tata Steel Nederland (TSN), the Dutch division of the global steel company Tata Steel, has announced the launch of a large-scale transformation program that will involve the reduction of about 1,600 jobs in the Netherlands. This represents approximately 20% of the company’s total workforce. The main goal is to increase profitability, strengthen competitiveness and prepare for the transition to green production, according to a press release.

The reduction will mainly affect management and support staff at the company’s main site in Aimeiden. TSN plans to simplify its organizational structure by reducing the number of management levels and strengthening centralized leadership. In particular, instead of five executive positions, there will be four: CEO, CFO, COO and CCO.

TSN CEO Hans van den Berg said that the restructuring is an important step to ensure the company’s financial stability in an unstable market environment, in particular due to geopolitical risks, supply chain disruptions and rising energy costs. According to him, the company understands the significant social cost of such a decision, so it promises to work closely with trade unions and employees.

TSN will also continue to implement the Green Steel program and the Roadmap Plus environmental initiative. In fiscal year 2023-2024, the company suffered significant losses due to a delay in the repair of the blast furnace, but in 2024-2025, production volumes almost returned to full capacity of 6.75 million tons of steel per year.

The company hopes that after the transformation is completed, TSN will be able to become one of the most efficient and sustainable steel producers in Europe.

As GMK Center reported earlier, at the end of 2024, Tata Steel Netherlands submitted a draft environmental impact assessment (draft EIA) for its Green Steel plan. The company calls this the next step in the process of obtaining permits for the implementation of the environmental transition plan. TSN intends to reduce the country’s CO2 emissions by about 40% by 2030.