Why Thyssenkrupp has to cut thousands of jobs.. As of: March 30, 2024, 5:24 a.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. However, the company has pushed back against the job cuts reports. The austerity reform is expected to cost two billion euros. It is now Bernhard Osburg’s job to provide concrete figures. According to Manager Magazin, it is clear that this affects thousands of Jobs.