25
Mar
15:23
thyssenkrupp to cut jobs, push electrical steel
Following negotiations and an agreement with union IG Metall, thyssenkrupp AG has announced the future plan for its Steel Europe division it is calling ‘Steel Strategy 20-30’, Kallanish learns.
The measures include a reduction of up to 2,000 jobs in the next 3 years, and roughly another 1,000 jobs up to 2026. Of the total, 800 jobs are affected in the troubled heavy plate segment. In that area, thyssenkrupp sees no development prospects within the grou…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous