Lufthansa Group Plans Major Administrative Staff Reductions
(MENAFN) The German carrier Lufthansa Group is reportedly preparing to dismiss a substantial portion of its administrative workforce as part of a significant expense-reduction strategy.
According to reports from German media, Lufthansa CEO Carsten Spohr revealed during an internal company meeting today the necessity to slash administrative expenses by 20%.
This financial austerity measure is anticipated to impact roughly 20% of the company’s nearly 15,000 administrative employees.
While Lufthansa has yet to issue an official comment on the potential layoffs, the airline is expected to disclose the cost-reduction blueprint during its capital markets event on September 29th.
Globally, the Lufthansa Group employs about 103,000 individuals.
According to reports from German media, Lufthansa CEO Carsten Spohr revealed during an internal company meeting today the necessity to slash administrative expenses by 20%.
This financial austerity measure is anticipated to impact roughly 20% of the company’s nearly 15,000 administrative employees.
While Lufthansa has yet to issue an official comment on the potential layoffs, the airline is expected to disclose the cost-reduction blueprint during its capital markets event on September 29th.
Globally, the Lufthansa Group employs about 103,000 individuals.

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