Lufthansa planning thousands of job cuts: Sources

Frankfurt: Lufthansa is planning to cut thousands of administrative staff as the German aviation giant seeks to reduce costs following a fall in earnings, sources close to the matter said Friday.

The group’s profits tumbled nearly a fifth in 2024 due to problems ranging from a string of walkouts to aircraft delivery delays.

Two sources, speaking on condition of anonymity, confirmed to AFP that Lufthansa was planning to axe up to 20 percent of its administrative staff.