November 21, 2019 / 9:10 AM / 24 days ago

Thyssenkrupp can't rule out further layoffs: board member

FRANKFURT (Reuters) - Thyssenkrupp (TKAG.DE) will likely cut further jobs beyond a previously unveiled plan to slash 6,000 positions, a board member of the ailing conglomerate told journalists on Thursday.

“At the moment, we cannot rule out the possibility of further layoffs,” Oliver Burkhard, who’s in charge of human resources, said at the group’s annual press conference.

Reporting by Christoph Steitz; Editing by Tassilo Hummel

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