XTRA:TKAMetals and Mining
thyssenkrupp (XTRA:TKA) Is Up 5.2% After Naming New Steel Chief and Revealing Major Job Cuts - What's Changed
On October 31, 2025, thyssenkrupp AG announced that Marie Jaroni has been appointed as chief executive of its steel division, while also revealing a major workforce reduction plan that will cut about 11,000 jobs by 2030 to address weak demand and global competition.
This marks the first time a woman has led Europe's largest steelmaker and signals significant changes at a pivotal moment for the company’s steel business.
We'll examine how the appointment of a new steel division chief and deep...