LUFTHANSA ANNOUNCES 4,000 JOB CUTS AND HIGHER PROFITABILITY TARGETS
https://media.zenfs.com/en/reuters-finance.com/eb88e2ac9102beb3b1006b6db824c3b9
✍️ Lufthansa plans to cut 4,000 administrative jobs by 2030 and set higher profitability targets as part of its turnaround programme.
👉 Lufthansa plans to cut 4,000 administrative jobs by 2030 👉 The airline group will set higher profitability targets 👉 The company will boost efficiency through digitalisation and automation 👉 Lufthansa expects its adjusted operating margin to reach 8-10% 👉 The company expects adjusted free cash flow of more than 2.5 billion euros a year
-- #JoannaPlucinska #OzanErgenay #TristanVeyet #DavidGoodman #EmeliaSithole-Matarise #MUNICH #Germany #Rome #business
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