FRANKFURT, June 24 (Reuters) - The restructuring of Thyssenkrupp's struggling steel unit will take place without forced layoffs, the company said on Monday.

The business, in which Czech billionair Daniel Kretinsky wants to take a 20% stake, is faced with job and capacity cuts, which has stoked fears among workers that compulsory redundancies are on the cards. (Reporting by Christoph Steitz, Editing by Friederike Heine)