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Lufthansa to Cut 4,000 Jobs by 2030 with AI for €300M Profit Boost
In a move that underscores the accelerating integration of artificial intelligence in the aviation sector, Deutsche Lufthansa AG announced plans to eliminate 4,000 full-time equivalent positions worldwide by 2030. The cuts, primarily targeting administrative roles in Germany, Austria, and Switzerland, are part of a broader strategy to enhance profitability through AI-driven efficiencies and digitalization. Company executives emphasized that the …
Lufthansa To Cut 4,000 Jobs As Airline Turns To AI To Boost Efficiency
An anonymous reader quotes a report from CNBC: Lufthansa announced plans to cut 4,000 roles on Monday as it aims to increase profitability and lean on AI to drive efficiency. The airline group said it will eliminate a total of 4,000 FTE, or full-time equivalent, roles worldwide by 2030. The company is targeting primarily admin roles, the majority of which will be affected at its home base in Germany, as part of a broader restructuring strategy. …
The Lufthansa Group is intensifying its austerity policy: 4000 jobs in the administration are to be eliminated by 2030, while airlines are to be bundled more closely and profit targets raised. However, before the plans take effect, the airline is facing a decisive test – a pilot strike. Lufthansa's contribution is cutting 4000 jobs – pilots ready to strike first appeared on ingenieur.de - job market and news portal for engineers.
This is a new illustration of the difficulties of the German economy. Lufthansa, the first European airline group, is about to eliminate 4,000 administrative jobs by 2030. With this large-scale social plan, the company wants to reduce costs and improve its profitability.
Lufthansa’s data may seem like good news at first glance, but the fact is that the German airline’s big bet, to increase the fleet, to fire some of its workers, some 4,000, and to expand its fleet of aircraft with artificial intelligence technology. They are measures that for analysts of the ‘Royal Bank of Canada’ (RBC) are necessary and lead the airline to improve its data in the 5 years in which these new strategies were applied. It is an impo…
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