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Thyssenkrupp to cut 640 jobs in its ailing System Engineering business

System Engineering, which makes assembly lines for the car, aerospace and battery industries

Reuters 

ThyssenKrupp AG headquarters in Essen, Germany Photo: Reuters
ThyssenKrupp AG headquarters in Essen, Germany Photo: Reuters

German conglomerate on Wednesday said it planned to cut 640 at its System Engineering unit, which it put under review earlier this year.

System Engineering, which makes assembly lines for the car, aerospace and battery industries, had been put under review in August in an attempt to address Thyssenkrupp's cash burn.

First Published: Wed, November 20 2019. 20:02 IST
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