Thyssenkrupp to cut 3,000 jobs at struggling steel unit

March 25, 2020 by  
Filed under News

German conglomerate Thyssenkrupp will cut 3,000 jobs and invest 4.2 billion euros ($4.6 billion) at its struggling steel division by 2026 as part of a wage deal struck with powerful labor union IG Metall, it said on Wednesday.

Source: Reuters Business News

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