Thyssenkrupp: many redundancies ahead.
(CercleFinance.com) - Thyssenkrupp said on Tuesday that it will make between 2,000 and 2,500 redundancies by September 2020.
The German industrial conglomerate is targeting administrative staff, aiming to reduce its costs in this segment by around 400 million euros and, by extension, to comply with its earnings targets.
Thyssenkrupp aims to make operating profit of 2 billion euros by 2020.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The German industrial conglomerate is targeting administrative staff, aiming to reduce its costs in this segment by around 400 million euros and, by extension, to comply with its earnings targets.
Thyssenkrupp aims to make operating profit of 2 billion euros by 2020.
Copyright (c) 2017 CercleFinance.com. All rights reserved.