Thyssenkrupp considers production cuts as coronavirus spreads
Share:
DUESSELDORF, Germany (Reuters) - Thyssenkrupp , a major supplier to the automotive industry, on Wednesday said it was considering shortened working hours as carmarkers reduce or suspend production due to the coronavirus crisis.The car industry is Thyssenkrupp's single biggest customer group, buying numerous components and steel parts from the steel-to-submarines conglomerate."We want to keep employed as many employees as possible, even if we are partially running out of work," Thyssenkrupp board..