Thyssenkrupp AG plans to cut 5,000 jobs in its steel unit by 2030 due to competition, excess supply, and rising costs. The company reported a €1.4bn net loss and downgraded its steel business value by €1bn, citing weak earnings and the transition to greener practices. CEO Miguel Lopez emphasized that the current fiscal year will be critical for strategic decisions. Teljes cikk (Euronews.com)