Overview
- The pact settles outstanding issues on the social plan and operational arrangements, with severance and partial‑retirement terms kept confidential.
- Thyssenkrupp says the restructuring now moves into execution to raise efficiency and achieve a more competitive cost base.
- About 11,000 positions are to be cut or outsourced by 2030 from roughly 27,000 roles, targeting personnel savings in the low three‑digit millions of euros.
- Production capacity is reported to be reduced from 11.5 million tonnes a year to about 8.7–9 million tonnes.
- The hydrogen direct‑reduction plant in Duisburg proceeds as part of a climate‑neutral goal, while sale talks continue, most recently with India’s Jindal group.