Lufthansa job cuts: German airline plans to slash 4,000 jobs; who will be affected?
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German aviation giant Lufthansa plans to slash nearly 4,000 administrative jobs by 2030, mostly in Germany, to combat declining earnings and investor criticism. Facing missed profit targets and two warnings, the airline aims for significant cost reduction and improved efficiency. This major turnaround effort, announced ahead of its Capital Markets Day, will see resources shift towards lower-cost operations. What's Your Reaction?
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