Published by Global Banking & Finance Review®
Posted on June 2, 2025
1 min readLast updated: January 23, 2026
Thyssenkrupp's strategic overhaul poses significant responsibility, with potential job losses, according to the German economy ministry.
BERLIN (Reuters) -Thyssenkrupp bears a great responsibility in its strategic restructuring, a spokesperson for the German economy ministry said on Monday, commenting on the threat of job losses at the industrial conglomerate.
"The company naturally bears a great responsibility for the employees and the sites," the spokesperson said.
Asked if the company was in talks with the government on the issue, the spokesperson said he wasn't aware of any discussions and that the government would not comment on business decisions in the private sector.
(Reporting by Rachel MoreEditing by Ludwig Burger)
Thyssenkrupp bears a great responsibility for its strategic restructuring, particularly concerning its employees and operational sites.
The spokesperson for the German economy ministry stated he was not aware of any discussions between Thyssenkrupp and the government on this issue.
The spokesperson emphasized that Thyssenkrupp has a significant responsibility towards its employees and operational sites during this restructuring phase.
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