Thyssenkrupp "putting 20,000 jobs at risk" in overhaul, complains union

"The plans could see more than 20,000 employees' positions slashed," Juergen Kerner, deputy chairman of both the IG Metall union and Thyssenkrupp's supervisory board, told Sueddeutsche Zeitung (SZ) newspaper.

Thyssenkrupp has already announced plans to cut or outsource up to 11,000 jobs at its steel division TKSE and plans to slash around 1,800 jobs at its automotive unit.