Business Lufthansa wants to get rid of 26,000 employees ...

Lufthansa wants to get rid of 26,000 employees NOW

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Europe’s largest airline Lufthansa has a surplus of 22,000 FTEs, which equates to 26,000 employees. The company reports this on Wednesday. It is currently in discussion with social partners to avoid redundancies.

The Germans also want to cut the number of management positions. One in five managerial positions is canceled. In addition, about a thousand workplaces disappear in support functions. The airline currently employs a total of 138,000 people.

Lufthansa, like other airlines, has been hit hard by the corona crisis. Hard measures are necessary to remain profitable. Although some five thousand jobs have already been cut, that is not enough, according to the company.

The announced plans are part of a restructuring operation renamed Renew and will run until December 2023.

To implement the staff reduction without being made redundant, Lufthansa conducts talks with unions and social partners. Many have not yet resulted in these conversations. There is so far only agreement with a cabin crew association.

Lufthansa already said goodbye to Germanwings

Earlier, the company decided to cut the number of aircraft by a hundred in addition to cutting five thousand jobs and to discontinue the activities of its subsidiary Germanwings.

The German airline has also received EUR 9 billion in state aid. The plans were initially criticized by shareholders. In the end, 98 percent of all shareholders agreed to receive state aid.

This did mean that the German state acquired a fifth of the shares and two positions on the board of directors. Lufthansa indicates that it wants to repay the state aid as soon as possible.

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