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Thyssenkrupp’s strategic plan
Thyssenkrupp, a major player in the steel industry, has announced an ambitious strategic plan to address growing economic pressures. The German company plans to significantly reduce its workforce in the steel division, with the aim of adapting to new market dynamics. By 2030, it is estimated that around 11,000 jobs will be cut or outsourced, a decision that reflects the need to remain competitive in a
constantly evolving sector.
Details of the renovation
Thyssenkrupp’s steel division, currently comprised of around 27,000 employees, will be significantly impacted. Of these, 5,000 employees will be laid off, while another 6,000 will be transferred to external service providers. This approach aims to reduce personnel costs by about 10% in the coming years, taking the company to a more competitive level. The decision was influenced by rising energy costs, which hit the steel sector hard
.
Strategic collaborations and investments
In a context of restructuring, Thyssenkrupp is in talks with the group EP Corporate, led by Czech billionaire Daniel Kretinsky. The goal is to increase the group’s participation in the steel mill from 20% to 50%. This strategic move could strengthen the company’s position in the global market, allowing it to face economic challenges with greater solidity. Collaboration with external investors represents an important step in ensuring the company’s sustainability and future growth.
Impact on markets and the global economy
The news regarding Thyssenkrupp also had repercussions on the financial markets. The Chinese stock exchanges registered a mixed close, with the Shanghai index falling and the Shenzhen index rising. In addition, Donald Trump’s appointment of Scott Bessent as US Secretary of the Treasury has influenced economic expectations, generating optimism in Asian markets. The Tokyo Stock Exchange closed positively, with the Nikkei and Topix indices registering significant increases. Piazza Affari also opened in a positive way, with the spotlight on Unicredit and
Banco BPM.
