German steelmaker thyssenkrupp plans production cuts in Duisburg

Published on: Thursday 11 April 2024

Thyssenkrupp Steel's announcement late on Thursday of production cuts at its plant in the western German city of Duisburg has raised alarm and concern among local leaders. Thyssenkrupp management announced that production capacity in Duisburg would be significantly reduced, including through "as yet unquantified job losses." Around 27,000 people currently work for thyssenkrupp Steel, Germany's largest steelmaker and a division of industrial giant thyssenkrupp. About 13,000 of those workers are e

News source: https://finance.yahoo.com/news/german-steelmaker-thyssenkrupp-plans-production-114435412.html

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German steelmaker thyssenkrupp plans production cuts in Duisburg