German steel giant ThyssenKrupp to slash 11,000 jobs DW 11/25/2024
Briefly

ThyssenKrupp Steel Europe plans to reduce its workforce from 27,000 to 16,000 by 2030, involving significant cuts to production and administrative jobs.
Of the planned reduction, 5,000 jobs in European steel operations are to be eliminated through adjustments, and 6,000 jobs will be outsourced or sold off.
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