BERLIN, May 30 (Reuters) - Germany's IG Metall union sees more than 20,000 jobs at risk at Thyssenkrupp (TKAG.DE) , opens new tab, Sueddeutsche Zeitung reported on Friday, three days after the conglomerate announced plans to sell minority stakes in three divisions as part of a wider overhaul.

"The plans could see more than 20,000 employees' positions slashed," said Juergen Kerner, deputy chairman of IG Metall and Thyssenkrupp supervisory board member, told the newspaper.

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https://www.reuters.com/markets/commodities/german-union-fears-20000-job-cuts-thyssenkrupp-newspaper-reports-2025-05-30/