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THYSSENKRUPP PUTTING 20,000 JOBS AT RISK IN OVERHAUL

  • NEWS Desk Global
  • May 30
  • 1 min read


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Germany's IG Metall union sees around a fifth of jobs at Thyssenkrupp at risk, a senior official was quoted as saying on Friday, following the conglomerate's recent plans to turn into a holding company.

On Monday, Thyssenkrupp said it would pursue plans to sell minority stakes in three of its five divisions, with the other two - submarines and steel - already in the process of being spun off or partly divested.

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