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Lufthansa to slash 4 000 jobs as headwinds hit bottomline
The Mercury
|September 30, 2025
LUFTHANSA said yesterday it will cut 4 000 jobs, nearly 4 percent of the German airline giant's workforce, after profits slumped in the face of mounting headwinds.
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Lufthansa had enjoyed bumper profits for a long period after the Covid pandemic as travel demand roared back.
(AFP)
Hit by walkouts, aircraft delivery delays and rising costs, Lufthansa’s earnings tumbled by a fifth in 2024 and profitability has fallen behind its leading European rivals.
The news comes against a bleak backdrop for Europe’ biggest economy, which is struggling to recover from a long downturn that is weighing on many of Germany's leading companies.
The job cuts, to be carried out by 2030, will mostly be in Germany, targeting administrative roles rather than jobs such as pilots and cabin crew.
Diese Geschichte stammt aus der September 30, 2025-Ausgabe von The Mercury.
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