- As the car market remained extremely challenging, Thyssenkrupp (OTCPK:TYEKF) intends to cut 800 jobs at its automotive system engineering activities.
- “We don’t expect output figures in the auto industry to return to pre-crisis levels for at least two to three years,” Ingo Steinkrueger, head of Thyssenkrupp System Engineering, said in a statement.
- Source
Thyssenkrupp's automotive business to eliminate 800 jobs
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