[ad_1]
Business
Lufthansa will have laid off 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, according to a newspaper Sunday.
File photo: Lufthansa planes are seen parked on the tarmac of Frankfurt Airport, Germany 25 June 2020. REUTERS / Kai Pfaffenbach / File Photo
Berlin: Lufthansa will drop 29,000 staff by the end of the thousandth year, and German airline will cut another 10,000 jobs in its home country next year as it battles the coronavirus, a newspaper reported Sunday.
The airlines and the subsidiaries, Eurowings, Swiss, Austrian and Brussels Airlines, have sliced their schedules, fleet and staff.
The newspaper Bild am Sonntag told anonymous company sources that Lufthansa would cut 20,000 jobs outside Germany, and it also sold its catering unit LSG, which employs 7,500 people, bringing the total staff to 109,000.
Next year, another 10,000 jobs will be cut in Germany. The paper has already burned 3 billion euros ($ 3.64 billion) from the 9 billion euro government bailout it secured.
Lufthansa has 27,000 to 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.
A deal to cut costs and save jobs at Lufthansa has won the support of a majority of the World Trade Union members who work for the German airline as ground staff, according to the results of a ballot 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 seeking to cut jobs even after taking a bailout to keep its planes flying.
(US $ 1 = € 0.8251)
(Reporting by Emma Thomasson; Editing by Chizu Nomiyama)
Source link
