thyssenkrupp considers layoffs and closures in Bochum: reports

Several of thyssenkrupp Steel’s operations in Bochum may be facing cuts in staff and possible closures, according to German media reports.

At a meeting with the workforce of various plants in Bochum, tk Steel’s ceo Premal Desai gave details about the cutbacks. These could affect between 800 and 1,200 jobs, and the discontinuation of electrical steel production by 2021 as well as the stoppage of the hot-rolling mill by 2024, according to reports by Reuters. Bochum also has lines for hot-dip and electrolytic galvanizing.

tk Steel’s press office would not comment on the details as reported, as they were given at a closed meeting between management and workforce. “That was only a concept presented to the staff. Once a decision is made on the actual plans, we will make them public,” a spokesman tells Kallanish upon request.

Allegedly, tk Steel want to move as many operations as possible to its Duisburg site. Media reports have suggested that this might also affect the electrical strip plant in Gelsenkirchen, and processing sites in the Siegen area.