Home » HR practices » Professional development » Corporate practices: ThyssenKrupp steel cuts working time to hire 1,000 apprentices and have younger manpower Corporate practices: ThyssenKrupp steel cuts working time to hire 1,000 apprentices and have younger manpower Chain restructurings. “Up to 2006, we were mostly concerned with one thing: how can we cut jobs?” explains Veit Echterhoff, in charge of training policy at ThyssenKrupp Steel Europe AG. And for good reason: as soon as it was founded, the biggest steel producer in Germany, ThyssenKrupp Steel Europe (28,843 employees, €12.8 billion in sales in 2010-11), based in Duisburg, was affected by the steel crisis which has been ravaging Europe since the 1970s. Blast furnaces gradually closed in the Ruhr basin; Thyssen merging with its long-standing rival, Krupp, in 1997, nearly half of steel jobs disappeared in the German steel industry, young people being hit first. ThyssenKrupp Steel Europe, implementing restructuring after restructuring, keeps training more apprentices than it needs but only hires the best 15 each year. There is no recruitment program. Through . Published on 02 July 2012 à 7h30 - Update on 02 July 2012 à 7h30 Resources ood reason: as soon as it was founded, the biggest steel producer in Germany, ThyssenKrupp Steel Europe (28,843 employees, €12.8 billion in sales in 2010-11), based in Duisburg, was affected by the steel crisis which has been ravaging Europe since the 1970s. Blast furnaces gradually closed in the Ruhr basin; Thyssen merging with its long-standing rival, Krupp, in 1997, nearly half of steel jobs disappeared in the German steel industry,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageCommentsThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels