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Thyssenkrupp plans 11K job cuts in struggling steel business

Thyssenkrupp (OTCPK:TYEKF) (OTCPK:TKAMY) +1.8% in Frankfurt trading Monday after announcing plans to eliminate or outsource ~11K jobs ... company's plans to cut its annual production capacity ... Read More
Thyssenkrupp steel unit, union reach general agreement on restructuring
Thyssenkrupp's steel unit said on Wednesday that it has reached an agreement in principle with the IG Metall union around the planned restructuring of Germany's largest steel maker, adding its aim was ... Read More
Thyssenkrupp announces plans to cut total of 11,000 jobs in troubled steel unit

The 5,000 job cuts at Thyssenkrupp AG's steel unit are planned to be implemented by 2030, the company revealed in a statement. It currently employs around 27,000 people. The company has been hit ... Read More
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