Steelmake Corus lets go 2500 UK employees.

Corus, the largest British Steelmaker, confirmed that it was shedding 2500 jobs as a result of the CEDT.
The company said today’s measures would improve profits by more than £200 million.
How can the company be talking profits when they are firing 2500 people? That statement does not make sense.
“I know this will be extremely distressing to the people affected and we will do everything we can to minimise the impact and help them find another job.”
WHERE, WHERE, WHERE?
Job losses: 3500 (2500 in the UK).
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