Top News

Thyssenkrupp flags additional job cuts

FRANKFURT (Reuters) - Ailing conglomerate Thyssenkrupp on Thursday said it was in talks about additional job cuts as the coronavirus pandemic is hitting its cyclical businesses hard.

Chief Financial Officer Klaus Keysberg, in a call with journalists discussing fiscal third-quarter results, said that talks were ongoing, not providing further details.

The group is already cutting 6,000 jobs under an ongoing savings programme.

(Reporting by Christoph Steitz; editing by Thomas Seythal)

Did this story inform or enhance your perspective on this subject?
1 being least likely, and 10 being most likely

Recent Stories