Thyssenkrupp Steel Europe will cut 11,000 jobs by 2030. The German steelmaker will also reduce production. The company blames cheaper Asian...

Thyssenkrupp's steel division is preparing for significant layoffs as the company aims to become more profitable. The market situation has ...

Rising inflation and the war in Ukraine have led European companies to freeze hiring or cut jobs. Key organizations such as TSB, PKP Cargo,...

Thyssenkrupp will cut additional 750 jobs at steel division.

Liberty Steel, led by commodities tycoon Sanjeev Gupta, last month submitted a firmed-up non-binding bid for Thyssenkrupp’s steel unit, Eur...

The 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...

Labour Union FNV Steel said that Henrar had advocated preserving the Dutch operations.

The 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...

Thyssenkrupp said in the third quarter of the current fiscal year, it will reintegrate the Steel Europe Business Area back into the Group.

It freed Tata Steel UK and its affiliate companies from 15 billion pounds of pension liabilities paving the way for the merger.

The 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...

According to Tata Steel, joint venture with Thyssenkrupp to be formed on non-cash basis.

"Small benefits and synergies tend to disappear for large organisations. It is the steel price which is the main driver."

Thyssenkrupp AG, said, we expect consolidation in the European steel industry for steelmakers to stay afloat. We don't know when and with w...

German 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 SA, the world's largest steel maker, said on Wednesday it would not lift its sharp production cuts as long as steel demand re...

German 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...