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The Digest:

According to a report from France24, the German airline will cut 4,000 administrative jobs, a strategic pivot towards greater efficiency that leaves many employees

Key Points:
  • Lufthansa will cut 4,000 jobs, nearly 4% of its 103,000-strong workforce.
  • The majority of the cuts will be in Germany and completed by 2030.
  • The airline is targeting administrative roles, citing "duplication of work."
  • The company stated that digitalization and AI will lead to greater efficiency.
  • This announcement follows Bosch's plan to cut 13,000 jobs in Germany.
  • The German economy is facing a second straight year of recession.
  • Lufthansa also set a new financial target of an 8-10% operating margin for 2028-2030.
This corporate streamlining reflects the broader economic pressures and technological disruptions reshaping industries worldwide, where the pursuit of efficiency increasingly recalibrates the human cost of progress

Sources: France24, The Cable