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After a financial struggle in 2020, and a loss of over €5.5 billion, ThyssenKrupp announced that it will be cutting over 11,000 jobs, 7,000 of which are located in Germany. [37] In November 2024, Thyssenkrupp announced it would lay off around 5,000 jobs at its steel subsidiary by 2030 and outsource a further 6,000 jobs. [38]
Martina Merz (born March 1, 1963), is a German engineer who served as Chief executive officer (CEO) of ThyssenKrupp from 2019 to 2023, [1] [2] [3] and has been called "the most powerful woman in the German economy".
ThyssenKrupp Marine Systems of Germany (often abbreviated TKMS) is a group and holding company of providers of naval vessels, surface ships and submarines. It was founded when large industrial conglomerate ThyssenKrupp acquired Howaldtswerke-Deutsche Werft on January 5, 2005.
When Thyssenkrupp CEO Guido Kerkhoff announced plans to list its prized elevators unit last week, he set off a battle for the conglomerate's future that could test Germany's brand of "social ...
Bernhard Pellens, a member of Thyssenkrupp's supervisory board since 2005, was unanimously appointed as new chairman to replace Ulrich Lehner, who left the group in July less than two weeks after ...
Oliver Burkhard, born in 1972, is a businessman, currently serving as the CEO of Thyssenkrupp Marine Systems since May 1, 2022. He also holds the position of a member of the executive board of Thyssenkrupp AG, overseeing various responsibilities within the organization. [1] [2]
On 1 October 2010, Hiesinger left Siemens to join the board of ThyssenKrupp. On 21 January 2011, Hiesinger succeeded Ekkehard Schulz as CEO; [5] he was the first ThyssenKrupp CEO to be hired from outside the steel industry when Chairman Gerhard Cromme brought him over from Siemens. In that capacity, he was responsible for the Asia/Pacific and ...
Kerkhoff had little choice but to think the unthinkable when the company's share price sank to a 15-year low on May 8. Now Thyssenkrupp's future is in play, with activist investors on the one side ...