Thyssenkrupp Nucera Freezes Hiring After Q2 Loss Widens
Thyssenkrupp Nucera froze hiring in high-cost countries as its Q2 loss hit 64 million euros. The firm aims for 25 million euros in annual savings by 2027.
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THYSSENKRUPP NUCERA AG & CO froze hiring in high-cost regions and cut working hours after its second-quarter net loss widened to 64 million euros. The loss missed the LSEG mean estimate of 32 million euros following the termination of a pilot project in the United States. These cost-saving measures aim to protect margins as the hydrogen equipment supplier navigates weak demand.
