Lufthansa Group
“In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes. Due to these developments and structural adjustments, the Lufthansa Group plans to cut a total of around 4,000 jobs worldwide by 2030, the majority of which will be in Germany.”
Company press release
Cut
- Score
- -1
- Dated
- Sector
- Travel & Transport
- Ticker
- LHA
- Quote
- verbatim
Why “Cut”
Classification by the stated outcome, not by what analysts infer. Methodology
Savings are stated as cost and headcount reductions; quote checked word for word against the primary source.
Source
https://newsroom.lufthansagroup.com/en/lufthansa-group-is-consistently-pursuing-its-strategy-and-aims-to-significantly-increase-profitability/
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