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    ThyssenKrupp to Cut 2000 Jobs in Europe

    Written by Sandy Williams


    Written by: Sandy Williams

    ThyssenKrupp announced it will reduce its European workforce by 2000 employees with a possible 1800 dismissals to follow. The reduction is part of its “Best in Class—reloaded” (BiC) optimization program aimed at saving $670 million by the next fiscal year and improving competitiveness in the European market.

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