Sigmar Gabriel (C-L), Chairman of the supervisory board of the German industrial conglomerate ThyssenKrupp Steel Europe, and Tekin Nasikkol (C-R), Chairman of the General Works Council of thyssenkrupp Steel Europe, walk past employees demonstrating against job cuts at the company headquarters in Duisburg, western Germany, on August 9, 2024. Thyssenkrupp is planning to cut jobs and reduce production at its key steel plant in Duisburg because of the difficult market environment. The conglomerate is in the process of spinning off its underperforming steel division and has agreed the sale of a stake to the EPCG group owned by Czech billionaire Daniel Kretinsky.
