The German airline company Lufthansa announced on Monday that it would lay off 4,000 employees, or about 4% of its staff, highlighting the downturn that is affecting the biggest economy in Europe. According to Lufthansa, the bulk of the layoffs will occur in Germany by 2030 and will primarily affect administrative rather than operational roles. The group, which has about 103,000 employees, consists of the recently purchased Italian flagship carrier ITA Airways, as well as Eurowings, Austrian, Swiss, and Brussels Airlines. With unemployment at a ten-year high, Germany is experiencing…
Lufthansa Announces 4,000 Job Cuts as Part of 2030 Strategy
