Ailing conglomerate Thyssenkrupp (TKAG.DE) 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.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
