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11,000 jobs on the line as another German company stumbles
Thyssenkrupp Steel has announced plans to eliminate 11,000 jobs by the end of this decade — about 40% of its workforce — becoming the latest German industrial giant to opt for drastic action to prop up its fortunes.
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's Thyssenkrupp To Cut 11,000 Jobs In Steel Division
German industrial giant Thyssenkrupp said Monday that it planned to cut around 5,000 jobs in its steel subsidiary by 2030 and outsource a further 6,000 as it looks to put the crisis-hit division on a stable footing.
German steel giant ThyssenKrupp to slash 11,000 jobs
Germany's largest steelmaker ThyssenKrupp has announced a plan to cut its current workforce by more than a third by the end of the decade.
3h
on MSN
Rocket Lab’s stock climbs after company completes two launches in less than 24 hours
The company said that the launches set a new Rocket Lab record for the fastest launch turnaround. At 10:55 p.m. Eastern, ...
4m
Company news: Deraretu Abubeker, Leila Moghadasi hired by CNY Community Foundaton
Deraretu Abubeker was hired as scholarships and student success manager. Abubeker grew up in Central New York. In her new ...
1d
Prediction: This Company Will Be the Biggest Beneficiary of Super Micro Computer's Problems
Furious investments in data centers are spurred by our growing need for data storage and processing power and the tremendous ...
3d
Trucking company owner sentenced on charges related to N.H. crash that killed 7 bikers
Dunyadar Gasanov, 39, pleaded guilty in August to three counts of making false statements to investigators after the 2019 ...
ABC 10 News
26m
Company issues voluntary statewide recall on raw milk product
The public is being warned to avoid consuming a specific batch of cream top, whole raw milk produced and packaged by Raw Farm ...
29m
Was Tyson vs. Paul fight rigged? Promo company breaks silence.
“Rigging a professional boxing match is a federal crime” in the U.S. “Paul vs. Tyson was a professional match sanctioned by ...
1d
A judge compared OpenAI to a video game company in its court battle with The New York Times
The Times sued OpenAI in December, arguing that the company used its articles without permission to train ChatGPT.
5d
on MSN
Campbell's shareholders approve the company's new, soupless name
New Jersey-based Campbell's hasn’t been exclusive to the soup business for some time. The company also owns brands like Prego ...
4d
Comcast Announces Spin-Off of Most Cable Networks Into New Company to ‘Set These Businesses Up for Future Growth,’ CEO Brian Roberts Says
Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will ...
4d
Mediaocean Buying Adtech Company Innovid for $500 Million
Mediaocean said it was buying Innovid at a price of $3.15 per share of common stock in a transaction with an enterprise value ...
4d
on MSN
Nvidia is Wall Street’s most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand ...
2h
Microsoft Outage: Outlook And Teams Restoration Time Unclear As Company Deploys Fix
Microsoft said it’s working to fix a Monday morning email and calendar outage but has not said exactly when service will be ...
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