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thyssenkrupp Steel Europe AG Kaiser-Wilhelm-Str. 100 47166 Duisburg, Germany http://www.thyssenkrupp-steel-europe.com
Contact Mr Erwin Schneider +49 203 5225690

ThyssenKrupp Steel initialed social compensation plan

(PresseBox) (Duisburg, )
The dramatic slump of the world economy since autumn 2008 has hit the business of ThyssenKrupp Steel AG very hard. The company has reacted to this by taking immediate action. In a first step, a cost cutting scheme has been established involving a one-off saving potential for administrative and material costs of way over 400 million euros. After the employees had been requested to bring their overtime accounts into balance and take remaining vacation days, it was decided last December to introduce short-time work as from January, affecting more than 15,000 employees in the current fiscal year. Moreover, blast furnace
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.