Employees of Tata Steel Europe no longer support the creation of a joint venture with German steel conglomerate ThyssenKrupp, the company's European works council (EWC) has said.
The council does not believe that such a merger would be in the best interests of the company's workers, it said in a statement issued on Wednesday May 1 but dated April 26."We confirm that the EWC does not support the package of remedies proposed to the European Commission [EC], and we made it clear that we are now unconvinced the joint venture is in the best interests of Tata...