Several thousand steelworkers took to the streets of Bochum in Germany's industrial heartland on Friday to protest against the planned merger of the European steel units of Thyssenkrupp and Tata Steel. Just two days before general elections in Europe's biggest economy, the demonstrators protested against up to 4,000 job cuts that will be made should the joint venture go ahead. This would be about 8 per cent of the combined workforce. Thyssenkrupp and Tata this week said they had signed a memorandum of understanding for a 50-50 joint venture that ...
Germany steel workers protest against Thyssenkrupp-Tata steel merger plan
Demonstrators protested against up to 4,000 job cuts that will be made should the joint venture go ahead