The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.1 - Manufacture of basic iron and steel and of ferro-alloys
1,500 jobs Number of planned job losses
Announcement Date
15 May 2013
Employment effect (start)
17 May 2013
Foreseen end date
Description
German multinational steel company ThyssenKrupp announced its plan to cut 1,500 jobs in Germany. This is due to severe losses in the last quarters. Most of the job reduction measures will focus mainly on ThyssenKrupp’s administrative center in Essen. Job cuts will be implemented without forced redundancies.
Eurofound (2013), ThyssenKrupp, Internal restructuring in Germany, factsheet number 75444, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75444.
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