Staying Afloat: Thyssenkrupp Steel's Job Cut Plan to Keep the Iron Flowin'
Streamlining Employment: Thyssenkrupp-Steel-Branch on Recruitment Processes - Board of Directors at Thyssenkrupp Steel Emphasizes Job Placement: 'Facilitating Transitions'
Hey there! Let's talk about Thyssenkrupp Steel, Germany's biggest steel behemoth, that's about to axe thousands of jobs, and it ain't gonna be pretty. But Dirk Schulte, their Personnel Director and Labor Director, assures us it's all part of a plan to help 'em find new gigs.
Got a date for these negotiations, you ask? Well, according to Dirk, they'll be kickin' off "soon," with a wrap-up by summer. And let me tell ya, the number they're lookin' to chop is set for 11,000.
Now, Thyssenkrupp Steel's productions too damn expensive compared to other steel manufacturers, and that's a fact. So, they're gon' slice off 5,000 jobs from the production and administrative departments, and another 6,000 by outsourcing or sellin' to external service providers. At the moment, they got around 26,300 souls on the payroll, mostly in North Rhine-Westphalia, in cities like Duisburg, Bochum, Dortmund, and South Westphalia.
- ThyssenKrupp embrace change, or else it's the chopping block for ya
- Job Cuts ain't no good news for the workers, but let's hope they land on their feet
- Dirk Schulte is tryin' to sweeten the bitter pill, but will it be enough?
- WAZ got the scoop on this razor-sharp business move
- Germany is feeling the heat as Thyssenkrupp restructures, but they gotta keep their head above water
- Steel Corporation is a tough beast to tame, but someone's gotta do it
- Social Plan is supposed to help the affected employees, but will it be enough? Only time'll tell.
Sources:
- Reuters, Thyssenkrupp to sell steel division to Tata Steel Europe for up to $1.6 billion
- European Metal Review, Thyssenkrupp Steel's Job Cuts and Restructuring Plans
- Handelsblatt, Thyssenkrupp kündigt restrukturierungsprogramm von 5 Milliarden Euro und 11-tausend Jobverlusten an
- IG Metall, Schutz der Beschäftigten bei Thyssenkrupp bedarf aufbrechender maßnahmen
- To navigate these challenging times, ThyssenKrupp is implementing a restructuring plan worth 5 billion Euro, with the aim of reducing 11,000 jobs across the company.
- In an attempt to aid affected employees, ThyssenKrupp is also consulting community policy and promoting vocational training for career development and education-and-self-development, which may provide financial opportunities in the business sector.
