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Lufthansa to lay off 29,000 employees by end of 2020 due to consequences of coronavirus pandemic

Source : 112 Ukraine

In addition, Lufthansa is selling its 7,500-person LSG catering business, bringing the total headcount to 109,000.
21:27, 6 December 2020

Open source

Lufthansa will have shed 29,000 staff by the end of the year and the German airline will cut another 10,000 jobs in its home country next year as it struggles to cope with the coronavirus, Reuters reports.

The airline and its subsidiaries, Eurowings, Swiss, Austrian, and Brussels Airlines, have slashed their schedules, fleet and staff, with air travel not expected to recover to pre-pandemic levels before 2025.

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

Related: Lufthansa announces cancellation of half of flights due to coronavirus

Next year, a further 10,000 jobs will be cut in Germany. It has already burned through 3 billion euros ($3.64 billion) of the 9-billion-euro government bailout it secured earlier in the year, the paper said.

Lufthansa has 27,000 too many full-time equivalent staff, Chief Executive Carsten Spohr said last month, even as the airline promised unions not to make forced redundancies in return for cuts to bonuses and other payments.

Related: Lufthansa to resume international flights from Kyiv in early June

 

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