Tara is a company known for not laying off people. But it looks like we are in deep shit than we imagined. https://toronto.citynews.ca/2024/01/19/tata-announces-plans-to-cut-2800-steel-jobs-in-a-blow-to-welsh-town/
Tara?
Tata is stupid. Poor management, poor return on capital, only PR king, focussed on creating larger than life image.
You are stupid First know the difference a businessman and an industrialist Over the years Tata’s contributed in many different ways, If you know some other family / organization did better than them please let you know The problem with most of us is good will spread slow and bad will spread like a chain reaction No problem if you don’t appreciate someone goodwill but please don’t spread wrongly with your evil mind
You wouldn't write this comment if you had slightest idea of what Tata did with shareholders money. If he was a competent honest man, he wouldn't use shareholders money for his own image. You need to read a lot, buddy.
What’s tata steel
No wonder why Magnus didn’t show up to the tournament this year. Probably budget cuts for the prize funding.
Lol. I will wait until OP realizes economy ks made up of multiple sectors. JSW steel is growing exponentially and new player. Tata steel is probably feeling the heat now.
I hope you provided similar knowledge to all those folks who cried their heart out when all big techs laid off last year and showed as if the tsunami has come to wipe off the civilization.
Let me give you a tata example. TCS fired lot of 10+ yoe ICs in india in 2022 to save high costs. This improved margins because most of the fired people were replaced by 1-3 yoe with low salaries. This doesn't mean industry is in crisis. It just means Tata is heartless and cutthroat. Days of Tata as govt job type employer are long gone.
Tata Steel is not the same subsidiary as TCS.
The economy is dead. It looks alive only because it is a zombie. Wait for the total kinetic war phase of WW3.
Economy is doing great, it’s good for the economy to shed unnecessary jobs. You’ve been hearing about AI and globalization reducing the need for labor for years now - this is what it looks like
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