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Archive for March 20th, 2009

ThyssenKrupp to cut thousands of jobs as reported at FT.com

ThyssenKrupp is to be the first big German industrial company to slash thousands of permanent jobs because of the global recession, it emerged on Thursday, as the country’s largest steelmaker struggles with a sharp downturn in demand.
The conglomerate plans to cut more than 3,000 jobs, or 1.5 per cent of its total workforce, in its [...]

Posted: March 20th, 2009 under Manufacturing News, Steel, Steel International, Steel News, steel strip.
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