Cost - cutting and profitability improvement

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Lufthansa announces 4,000 job cuts and higher profitability targets
Yahoo Finance· 2025-09-29 05:54
By Joanna Plucinska MUNICH (Reuters) -Lufthansa will cut 4,000 administrative jobs by 2030 and set higher profitability targets, the German airline group said on Monday, as it seeks to boost efficiency through digitalisation and automation. Shares in the company rose on the announcement, jumping 2% by 0726 GMT. Lufthansa has struggled to cut costs and pursue growth as it has dealt with labour challenges in recent years. It issued two profit warnings last year and dropped a target of reaching an operatin ...