Thyssenkrupp, workers strike deal to pave way for Tata Steel merger
The agreement, which still needs to be approved by the members of IG Metall, Germany`s most powerful union, foresees no forced layoffs or major site closures until Sept. 30, 2026, labour representatives and the group said.
Thyssenkrupp and Tata Steel in September reached a preliminary agreement to merge their European steel units. Image source: Reuters