Lufthansa announces 4,000 job cuts and higher profitability targets


MUNICH: Lufthansa will cut 4,000 administrative jobs by 2030 and set higher profitability targets, the German airline group said on Monday, as it seeks to boost efficiency through digitalisation and automation.

Lufthansa has struggled to cut costs and pursue growth as it has dealt with labour challenges in recent years. In 2024, it issued two profit warnings and dropped a target of reaching an 8% operating margin by 2025.

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