Why Thyssenkrupp has to cut thousands of jobs.. As of: March 30, 2024, 6:01 p.m By: Max Schäfer CommentsPressSplit Thousands of employees could lose their jobs as part of the restructuring.
Up to 5,000 employees could be affected by the renovation. The austerity reform is expected to cost two billion euros. The company has pushed back against the job cuts reports. To date, Thyssankruppe Steel has around 27,000. employees.