Tag: ThyssenKrupp

Thyssenkrupp to cut 11,000 jobs after recording $6.5 bn net loss

German conglomerate, Thyssenkrupp plans to slash 11,000 jobs in total in the upcoming several years according to a statement by it on Thursday after reporting a 5.5 billion-euro deficit for the period that ended in September. The jobs cut will be twice as many jobs as expected last year as the company’s beleaguered steel business…

Vivek Bhatia appointed as MD, CEO of thyssenkrupp Industries India.

One of the world’s largest steel producers ThyssenKrupp, on Monday announced the appointment of Vivek Bhatia as the Managing Director and Chief Executive Officer of ThyssenKrupp Industries India. This appointment will be effective from January 1, 2019. “I am pleased to welcome Vivek to his new role and thrilled to have his leadership at ThyssenKrupp Industries…