Lufthansa, German airline group, says it will cut 4,000 jobs, nearly 4 percent of its workforce over duplication of work.
According to France24 on Monday, the airline said most of the cuts will take place in Germany by 2030, targeting administrative rather than operational positions.
The group, which employs about 103,000 people, includes Eurowings, Austrian, Swiss and Brussels Airlines, as well as ITA Airways, the Italian flag carrier it acquired recently.
Germany is reportedly facing a second straight year of recession, with unemployment at a decade high.
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The downturn is said to have taken a toll on some of the country’s biggest companies, squeezed by Chinese competition, high energy costs, and slow adoption of new technologies.
Lufthansa’s announcement comes days after Bosch, another German company, said it would cut 13,000 jobs as part of its plans to save €2.5 billion (£2.06 billion).
“The Lufthansa Group is reviewing which activities will no longer be necessary in the future, for example due to duplication of work,” the company said in a statement.
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“In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes.”
France24 said the airline also set new financial targets for 2028 to 2030, including an adjusted operating margin of 8 percent to 10 percent.
