Thyssenkrupp TKAG.DE on Tuesday said it would slash 800 jobs at its automotive system engineering activities, warning that the car market remained extremely challenging.
“We don’t expect output figures in the auto industry to return to pre-crisis levels for at least two to three years,” Ingo Steinkrueger, head of Thyssenkrupp System Engineering, said in a statement.
Top 5 downstream aluminium projects of 2024 to redefine the value-added product industry
Ricoh's latest development set to cut costs & improve accuracy in aluminium binder jetting method
