The Lufthansa Group plans to cut one in five administrative jobs at its core airline brand, a German business magazine reported on Thursday.
The group’s board of directors has decided that around 400 jobs will be cut, Manager Magazin reported.
The group first announced a comprehensive savings program for the core brand in the summer.
While other group companies such as Swiss, Austrian, Eurowings, Brussels and Lufthansa Technik have largely been on track financially, the core company Lufthansa is not expected to make an operating profit this year – the goal is to break even. The savings program is expected to improve operating profit by 2.5 billion euros by 2028.
According to the report, savings are also needed on purchasing and more efforts are needed to attract business travelers, of whom only 60 percent have returned to air travel since the coronavirus pandemic.
