Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Lufthansa to Cut 4,000 Jobs by 2030 Amid Economic Challenges

Lufthansa to Cut 4,000 Jobs by 2030 Amid Economic Challenges

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.

Sept. 29, 2025 3:18 p.m. 997

#world news #Global News #Travel News

Cockroach Janta Party Leads Protests Over India Voter Roll Changes
Oct. 3, 2026 11:09 a.m.
Cockroach Janta Party protests voter roll changes in India as demonstrators demand action over alleged voter deletions and police detentions
Read More
Flydubai Attack Suspect Was Previously Barred From Flying in Oman
Oct. 3, 2026 10:39 a.m.
Flydubai co-pilot accused of attacking the captain was reportedly barred from flying in Oman over concerns about extremist views
Read More
Trump Rules Out US Diesel Export Ban After Europe Agrees to Release Reserves
Oct. 3, 2026 10:20 a.m.
President Donald Trump rules out a US diesel export ban after Europe agrees to release fuel reserves as G7 nations act to ease energy market pressure
Read More
Singapore Air Quality Turns Unhealthy in Central Region as Haze Persists
Oct. 3, 2026 10:07 a.m.
Singapore haze worsens as PSI reaches 104 in the central region, while PM2.5 remains elevated in central and eastern areas amid dry weather
Read More
PM Modi Pays Tribute to Mahatma Gandhi, Urges People to Support Khadi
Oct. 2, 2026 11:41 a.m.
PM Modi pays tribute to Mahatma Gandhi on Gandhi Jayanti and urges citizens to support Khadi and the Swadeshi spirit
Read More
Warrant Issued for One of Eight Accused in Palestinian Kidnapping Case
Oct. 2, 2026 11:11 a.m.
Court issues an arrest warrant after one accused in the Palestinian kidnapping case could not be located despite efforts by authorities
Read More
Japan Says Economy No Longer Needs Excessively Loose Monetary Policy
Oct. 2, 2026 10:37 a.m.
Japan says it no longer needs excessively loose monetary policy as inflation pressures persist and the BOJ weighs its next rate move
Read More
Amazon Seeks to Offload $8 Billion in Nvidia Chips to Investors
Oct. 2, 2026 10:24 a.m.
Amazon plans to move $8 billion in Nvidia chips to investors, using a new financing model to strengthen its balance sheet and support AI growth
Read More
MCMC Warns of Legal Action Over AI Video Showing Mahathir Grieving Hasmah
Oct. 2, 2026 10:05 a.m.
MCMC reviews an AI video of Mahathir grieving Hasmah and warns that legal action may follow if the content violates Malaysia’s laws
Read More
Trending News