Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany

The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force. Germany, Steel and Iron, Layoffs and Job Reductions, Economic Conditions and Trends, International Trade and World Market, ThyssenKrupp AG The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force. NYT > Business

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