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Thyssenkrupp restructures into standalone businesses to seek investment, facing potential job cuts.
Thyssenkrupp, a German steel and industrial giant, plans a major restructuring, splitting into standalone businesses to attract outside investment and combat financial struggles.
The company, facing high costs and competition, will transform into a holding company with stakes in units like auto parts, green tech, and supply chain management.
This overhaul could lead to job cuts and has concerns about the future of the historic company.
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Thyssenkrupp se reestructura en empresas independientes para buscar inversiones, enfrentándose a posibles recortes de puestos de trabajo.