The Indian steel mill Tata steel He announced today that it intends to abolish 1,600 jobs in the Netherlands due to low demand in Europe and worldwide commercial tensions.

The European sector of steel, which was already facing difficulties due to high energy prices, is now facing 25%US duties, imposed by US President Donald Trump, causing panic on markets.

“The difficult situation of demand in Europe, due to geopolitical developments, disorder in trade and the supply chain, as well as increased energy costs, has affected exploitation and economic costs,” the Indian colossus explained in its statement. The company said the redundancies would mainly concern “managerial positions” and “support workers”.

“Tata Steel remains determined to make sure that its Dutch factories becomes one of the most competitive, productive and effective in Europe,” he added.

The Dutch unions immediately reacted as they believe that one in five jobs will be abolished at the Emiden plant near Amsterdam. “He burst like a thunderbolt. We were mainly surprised by the scope of the abolished positions, “said Hans Corver of the de Unie union.

FNV, the largest Federation of Netherlands’ unions, stressed that it does not understand the Tata Steel restructuring plan. “There is no detailed plan. What they are doing is creating chaos, “he said in his statement, adding that protest mobilizations may be organized.

In its latest balance sheet, the company spoke of € 556 million in the financial year 2023-34. In November 2023, Tata Steel had already announced that it would abolish 800 jobs in the Netherlands, but in practice very few layoffs were made.

Tata Steel, one of the largest employers in the Netherlands, employs 11,500 employees in that country. More than 9,000 work at the huge Emiden plant west of Amsterdam.