FRANKFURT, Germany (AP) — Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company’s administration.
The company says the move is part of an effort to make its business structure more efficient and transparent. The jobs will be eliminated over the next three years but the company says it plans to work with employee representatives and avoid involuntary layoffs.
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