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Lufthansa to cut 20% of admin staff to improve efficiency and meet 2025 financial goals.
Lufthansa plans to cut 20% of its administrative workforce in a bid to boost efficiency and meet financial targets, according to sources, as the airline faces pressure to improve margins and deliver on its turnaround plan. The job reductions, set to be announced at a capital markets day in Munich, will affect the entire group but not operational staff like pilots or cabin crew. The move follows profit warnings in 2024 and ongoing labor disputes, including a potential pilot strike. While shares rose on the news, analysts remain focused on whether Lufthansa can deliver on its 2025 EBIT goals amid challenges like high costs and delayed aircraft deliveries.