The principle of "performance first" applies equally to all our businesses.
In the initial phase, “performance first” means we will focus above all on stabilizing our businesses even in the current difficult environment. Only then, in a second phase, can we further develop our competitiveness so that all our business areas can occupy leading market positions.
Our medium-term targets remain the same for the new thyssenkrupp and we have a clear plan as to how we will achieve these goals. We have businesses in our portfolio where the progress to date and the current market situation do not satisfy us from today's perspective. The “Performance first” principle also means we are examining whether and how we can further develop these businesses sustainably. This currently affects three businesses in particular: Springs and Stabilizers, System Engineering and Heavy Plate. We see opportunities for these businesses to develop further, but not necessarily under the roof of thyssenkrupp.
Our new Group-wide performance program also includes the previously announced reduction of 6,000 jobs. However, our aim remains the same: to find the best possible way to create change together with our employees and in mutual interest. At the end of the calendar year, we will also be able to provide more information on this topic.We will be publishing more information in this regard and on the three businsses Springs and Stabilizers, System Engineering and Heavy Plate at the end of the calendar year.