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THYSSENKRUPP JOB CUTS
Thyssenkrupp weighs phased sale of TKSE to Jindal Steel International, sources sayGermany's Thyssenkrupp is in talks with India's Jindal Steel International for a phased sale of its steel division. The deal could see Jind...- Thyssenkrupp to reduce steel production, cut or outsource 11,000 jobsThe provision is part of a restructuring agreement signed with trade unions and will be implemented immediately, the company said.
- Thyssenkrupp JV: Kretinsky makes way for Jindal SteelCzech billionaire Daniel Kretinsky has sold his 20% stake in Thyssenkrupp's steel unit, scrapping joint venture plans. This move paves the ...
- Thyssenkrupp to cut 11,000 jobs at steel division in major corporate shakeupThyssenkrupp Steel Europe will cut 11,000 jobs by 2030. The German steelmaker will also reduce production. The company blames cheaper Asian...
- Thyssenkrupp steel head prepares staff for 'tough' cutsThyssenkrupp's steel division is preparing for significant layoffs as the company aims to become more profitable. The market situation has ...
- Job Market Turmoil: European companies cut to the chase with layoffsRising inflation and the war in Ukraine have led European companies to freeze hiring or cut jobs. Key organizations such as TSB, PKP Cargo,...
- Thyssenkrupp to cut additional 750 jobs at steel divisionThyssenkrupp will cut additional 750 jobs at steel division.
- Thyssenkrupp ends talks with UK’s Liberty on steel unit saleLiberty Steel, led by commodities tycoon Sanjeev Gupta, last month submitted a firmed-up non-binding bid for Thyssenkrupp’s steel unit, Eur...
- Thyssenkrupp cuts another 5,000 jobs as losses deepenThe company, whose steelmaking roots go back more than 200 years, is struggling to emerge from the COVID-19 pandemic that hit it during a c...
- Tata Steel Dutch workers groups blast plans for job cutsLabour Union FNV Steel said that Henrar had advocated preserving the Dutch operations.
- German conglomerate Thyssenkrupp to scrap 3,000 steel jobsThe elevator-to-submarines group said it had reached a deal with Germany's powerful IG Metall union to cut 2,000 jobs over the next three y...
- Tata Steel, Thyssenkrupp set to abandon JV plans in EuropeThyssenkrupp said in the third quarter of the current fiscal year, it will reintegrate the Steel Europe Business Area back into the Group.
- Tata Steel, Thyssenkrupp sign MoU for European Steel JVIt freed Tata Steel UK and its affiliate companies from 15 billion pounds of pension liabilities paving the way for the merger.
- German Election campaign shaken up by Thyssenkrupp-Tata dealThe headquarters of the new venture will shift to the Netherlands, and the move could see 4,000 steel jobs cut from a combined workforce of...
- Tata Steel shares rise as firm signs pact with ThyssenkruppAccording to Tata Steel, joint venture with Thyssenkrupp to be formed on non-cash basis.
- Result of Tata Steel-Thyssenkrupp JV will take time to show: Rakesh Arora, MD, GO India"Small benefits and synergies tend to disappear for large organisations. It is the steel price which is the main driver."
- Thyssenkrupp in talks with Tata Steel, others for European steel making facilityThyssenkrupp AG, said, we expect consolidation in the European steel industry for steelmakers to stay afloat. We don't know when and with w...
- ThyssenKrupp to slash up to 20,000 more jobs: ReportGerman steelmaker ThyssenKrupp will cut up to 20,000 more jobs in the next fiscal year after already eliminating 12,000 positions due to th...
- ArcelorMittal says steel output cuts to continueArcelorMittal SA, the world's largest steel maker, said on Wednesday it would not lift its sharp production cuts as long as steel demand re...
- ThyssenKrupp to cut more than 3,000 jobs: ReportGerman industrial conglomerate ThyssenKrupp plans to cut more than 3,000 jobs or about 1.5 per cent of its total staff amid a slump in dema...
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