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Gloomy outlook from German steelmakers 
Greek unemployment at record high 
Lufthansa wants job cuts to put wind beneath its wings 
Eurozone unemployment still rising 
Spain’s lost generation German energy utility E.ON, the world’s largest by sales, is to cut close to 11,000 jobs, at the very top of the range announced in August.
The cuts represent nearly 14 percent of its workforce, and is a bid to slash costs prompted by the government’s decision to scrap nuclear power by 2022.
The company says the job cuts should strip controllable costs by nine and a half billion euros by 2015.
More about: Economic crisis, Germany, JobsCopyright © 2012 euronews
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