You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Rameen Ariff
German airline group Lufthansa has announced plans to cut 4,000 jobs, representing nearly four percent of its workforce, in a move aimed at improving efficiency and strengthening the company amid ongoing economic challenges in Germany. The airline confirmed that the majority of the job reductions, expected to take place by 2030, will focus on administrative positions, leaving operational staff largely unaffected.
Lufthansa employs approximately 103,000 people and operates multiple airlines, including Eurowings, Austrian Airlines, Swiss International Airlines, Brussels Airlines, and the recently acquired Italian flagship carrier ITA Airways. The job cuts reflect the broader challenges facing Europe’s largest economy, which is experiencing a second consecutive year of recession, rising unemployment, and growing pressure from global competition and high operational costs.
The company stated that the reductions will target roles that are redundant or no longer necessary due to changes in the industry. Lufthansa highlighted that technological advancements, including increased digitalization and the adoption of artificial intelligence, are reshaping workflows and enabling greater efficiency in administrative functions.
Lufthansa also announced new financial goals for the 2028-2030 period, aiming for an adjusted operating margin of eight to ten percent. The airline group is reviewing its business processes to eliminate duplication of work, optimize administrative activities, and maintain competitiveness in a challenging economic environment.
This announcement comes shortly after industrial giant Bosch revealed plans to cut 13,000 jobs globally, highlighting a trend among major German companies to reduce costs and restructure operations. Lufthansa’s management emphasized that the job cuts are a proactive step to ensure long-term financial health and to adapt to technological and market changes, while continuing to focus on service quality and operational excellence.
Landfill Collapse in Cebu Kills Four, Dozens Missing as Rescue Continues
A massive landfill collapse in Cebu City has left four dead and dozens missing as rescuers race agai
Netanyahu Says Israel Aims to End US Military Aid Within 10 Years
Israeli PM Benjamin Netanyahu says Israel plans to gradually stop relying on US military aid within
Dhurandhar’s Box Office Roars On: Ranveer Singh’s Spy Thriller Shatters Records
Ranveer Singh’s Dhurandhar earns ₹3.6 Cr on Day 36, totaling ₹844.45 Cr in India. The spy thriller s
FCC Clears SpaceX to Launch 7,500 More Starlink Satellites Worldwide
SpaceX gets FCC approval to add 7,500 new Starlink satellites and upgrade frequencies, boosting glob
Indonesia Blocks Elon Musk’s Grok AI Over Unsafe AI Content
Indonesia temporarily blocks Elon Musk’s Grok chatbot due to unsafe AI-generated images. The move ai
PV Sindhu’s Malaysia Open Run Ends with Semifinal Loss to Wang Zhiyi
PV Sindhu’s comeback at Malaysia Open ends in semifinals as China’s Wang Zhiyi wins 21-16, 21-15. Si