Yogthos on Nostr: Thyssenkrupp plans to slash its steel workforce by 40%, dealing the latest blow to ...
Thyssenkrupp plans to slash its steel workforce by 40%, dealing the latest blow to German industry as it warned of oversupply in Europe and “a rise in cheap imports” from China.
#Germany’s largest steelmaker said it aimed “to cut around 5,000 jobs by 2030 through adjustments in production and administration”, with a further 6,000 roles “to be transferred to external service providers or shed through the sale of business activities”.
https://www.ft.com/content/0b398c57-934e-4736-9a4b-10506e70a4bf (https://archive.ph/QXX0F)
#economy
#Germany’s largest steelmaker said it aimed “to cut around 5,000 jobs by 2030 through adjustments in production and administration”, with a further 6,000 roles “to be transferred to external service providers or shed through the sale of business activities”.
https://www.ft.com/content/0b398c57-934e-4736-9a4b-10506e70a4bf (https://archive.ph/QXX0F)
#economy