Lufthansa said the majority of the job cuts would be in Germany and take place by 2030, targeting administrative rather than operational positions.
Germany is facing a second straight year of recession, with unemployment at a decade high.
Lufthansa's announcement comes just days after another major German company, industrial giant Bosch, said it would cut 13,000 jobs, or three percent of its global workforce.
“In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes,“ it said.
Lufthansa set new financial targets for 2028-2030, including an adjusted operating margin of eight to 10 percent - AFP
Hence then, the article about germany s lufthansa to slash 4 000 jobs by 2030 was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Germany's Lufthansa to slash 4,000 jobs by 2030 )
Also on site :