Rheinmetall XETR:RHM has halted plans to add 1,000 jobs to its naval shipbuilding division after Germany scrapped the F126 frigate programme last month, reported business magazine Capital on Tuesday, citing company sources.Rheinmetall had already hired 100 new employees in recent months in the hope…
Rheinmetall XETR:RHM has halted plans to add 1,000 jobs to its naval shipbuilding division after Germany scrapped the F126 frigate programme last month, reported business magazine Capital on Tuesday, citing company sources.
Rheinmetall had already hired 100 new employees in recent months in the hopes of securing the contract; plans to add another 900 staff members are now on hold, Capital added.