Friday , July 30 2021

Lufthansa will have laid off 29,000 employees by the end of the year: report



BERLIN: Lufthansa will have laid off 29,000 employees by the end of the year and the German airline will cut another 10,000 jobs in its country next year as it struggles to cope with the coronavirus, a newspaper reported on Sunday (December 6th).

The airline and its subsidiaries – Eurowings, Swiss, Austrian and Brussels Airlines – have reduced their schedules, fleet and staff, and air travel is not expected to return to pre-pandemic levels by 2025. .

Citing unnamed company sources, the newspaper Bild am Sonntag said Lufthansa would cut 20,000 jobs outside of Germany, while also selling its LSG catering unit, which employs 7,500 people, which reduces the total staff at 109,000.

Next year 10,000 more jobs will be reduced in Germany. It has already burned 3 billion euros (3,646 million US dollars) of the government bailout of 9 billion euros it achieved earlier this year, according to the newspaper.

Lufthansa has 27,000 full-time staff surpluses, chief executive Carsten Spohr said last month, even when the airline promised unions not to make forced layoffs in exchange for bonus cuts and other payments .

An agreement to cut costs and save jobs at Lufthansa has garnered the support of a majority of Verdi union members working for the German airline as ground staff, according to the results of a vote seen by Reuters on Friday.

A formal announcement is expected on Monday.

The deal with Verdi followed months of on-off talks, during which the union accused management of trying to cut jobs even after making a rescue to keep its planes in flight.


Source link