<p>Thyssenkrupp AG’s steel division has reached a collective restructuring agreement with the IG Metall union and employee representatives, marking a decisive step in the company’s realignment plans. The agreement, which runs until September 30, 2030, outlines a reconciliation of interests and social plans to address significant job cuts as part of efforts to boost competitiveness. Company leaders emphasized that while substantial layoffs are expected, the restructuring will proceed without compulsory redundancies and aims to secure as many jobs as possible for the future. The financing required for the restructuring has also been secured, enabling thyssenkrupp Steel to move forward with its industrial concept and long-term strategic goals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ThyssenKrupp AG published the original content used to generate this news brief on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here</p>

<p>Thyssenkrupp AG's steel division has reached a restructuring agreement with the IG Metall union, effective until September 30, 2030. The deal includes plans for significant job cuts to enhance competitiveness but avoids compulsory redundancies. The necessary financing for the restructuring is secured, allowing Thyssenkrupp Steel to pursue its industrial and strategic goals.</p>

Thyssenkrupp Steel Secures Restructuring Deal With IG Metall Union