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Lufthansa announces 4,000 job cuts in bid to protect margin goal
BusinessLine· 2025-09-29 06:22
Deutsche Lufthansa AG said it plans to cut 4,000 administrative jobs by 2030, the steepest reductions at Europe’s largest airline group since the pandemic ravaged the industry, as the carrier seeks to improve its profitability measures.The job reductions will occur through digitalisation, automation and process consolidation, with a majority of reductions in Germany, according to a statement ahead of the company’s capital market day Monday in Munich.Lufthansa said it’s seeking to achieve free cash flow of m ...