Thyssenkrupp wants to shrink Europe’s largest steel site in Duisburg. Now, however, management is promising not to make any redundancies. But IG Metall has other points of criticism.
The downsizing of Germany’s largest steel company Thyssenkrupp Steel Europe is to take place without any redundancies. The management of the parent company Thyssenkrupp and the future co-owner EPCG have committed themselves in an agreement to the “fundamental goal of avoiding redundancies”. The document is available to South German Newspaper in excerpts, first the regional newspaper WAZ reported about it.