Germany: ThyssenKrupp wants to improve its restructuring program and reduce joint management

It was without warning that the management of the German steel giant, ThyssenKrupp (TK) announced, on April 23, a restructuring program well beyond the program accepted by the staff representatives on March 27. The new program removes the decentralized structure, reduces unions' power and cuts more jobs than anticipated. Unions say the management broke its promise and want to block the adoption of new programs during the next supervisory board meeting on May 13, 2009. (Ref. 090491)
Enjoy this article for free while you’re in your trial period
You have access to our content for 1 month.

“The consensus was broken. Workers’ rights are going to be badly limited” declared Thomas Schlenz, president of ThyssenKrupp AG’s central works council after the board meeting on April 23. Furious, the first staff representative had just learned that the management decided to ignore the restructuring program adopted on March 27, 2009 with the consent of the staff representatives. Instead, Ekkehard Schultz, TK’s CEO, proposed a much more radical plan.

You are reading this article thanks to your trial period.
Explore new horizons by checking out our other verticals:
You are reading this article thanks to your subscription to Mind Retail.
Explore new horizons by checking out our other verticals:
Do you have information to share with us?
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Spain: introduction of sick leave for menopause-related symptoms
The news. As of 1 December, female employees in Spain suffering from an incapacitating condition associated with menopausal symptoms will be eligible for specific sick leave, paid from the very...
Germany: Schaeffler cuts 3,460 jobs and requests temporary wage “solidarity contribution”
The news. On 3 November 2026, German automotive supplier Schaeffler announced a new “earnings improvement programme”, entailing the net reduction of 3,460 jobs in Europe by 2028 (2,660...
UK: government promises human rights due diligence bill
The news. On 4 November, the government promised, through Business Secretary Jonathan Reynolds before the House of Lords, the statutory introduction of human rights due diligence in the UK. It...
5 November 2026
UK: new protection measures against “fire and rehire” postponed to March 2027 
On 22 October, the UK government announced the postponement of the coming into force of measures aimed at restricting "fire and rehire" and "redundancy and re-employment", provided for under the...
5 November 2026
Most viewed articles of the month on mind HR
What readers clicked on the most last month.
What readers clicked on the most last month.
1
British bank Barclays cuts 5,000 jobs to invest in AI
Banking group Barclays has announced the cutting of 5% of its global workforce by the end of the year. Beyond disappointing quarterly results, Barclays primarily intends to free up the funds...
2
Germany: non-EU recruitment remains marginal despite skilled immigration reform
The news. Nearly a year and a half after the entry into force of the “Skilled Immigration Development Act”, only 4% of businesses have recruited at least one employee directly from a...
3
EU: several social texts promised for 2027
The news. On 4 November, the European Commission presented its work programme for 2027. While the focus is once again on simplification, several social texts have been announced. The European...