Lufthansa Says No Decision On Job Cuts

April 26, 2012

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Lufthansa said it is still evaluating how many jobs it would cut as part of a cost-saving initiative, in response to a report that Germany’s biggest airline plans to slash about 3,000 administrative jobs.

German mass-circulation paper Bild earlier on Thursday reported that Lufthansa planned to cut half of an overall 6,000 administrative jobs around the world, with 1,500 jobs to go in Frankfurt.

The remaining admin jobs are to be moved to a new business unit, with longer working hours and less pay, the paper said, citing an internal document dated March 23 that it obtained.

A spokesman for Lufthansa said he could not comment on those figures.

Lufthansa said on Sunday it could not rule out compulsory redundancies at its passenger airline unit.

Lufthansa aims to cut group costs by EUR€1.5 billion (USD$1.98 billion) by the end of 2014, and wants to improve results at its passenger airline unit by EUR€1 billion.

(Reuters)