Thyssenkrupp Plans to Cut Jobs, Slash Steel Capacity in Overhaul

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Konica Minolta Plans to Cut 2,400 Jobs WorldwideShares of Konica Minolta Inc. surged after the company announced its plan to reduce its workforce by 2,400 jobs globally. The office equipment maker will cut jobs at its overseas production facilities and sales subsidiaries. Konica Minolta, known for its cameras and photo materials, has diversified into copiers and health care equipment. The company's shares have declined significantly in recent years.
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