Wednesday , October 27 2021

Lufthansa will have laid off 29,000 employees by the end of the year: Bild am Sonntag


BERLIN: Lufthansa will have laid off 29,000 employees by the end of the year and the German airline will cut another 10,000 jobs in its home country next year as it battles to cope with the coronavirus, a newspaper reported on Sunday.

The airline and its subsidiaries, Eurowings, Swiss, Austrian and Brussels Airlines, have reduced their schedules, fleet and staff, and air travel is not expected to recover to pre-pandemic levels before 2025.

The newspaper Bild am Sonntag quoted named company sources as saying that Lufthansa would reduce 20,000 jobs outside Germany, while also selling its catering unit LSG, which employs 7,500 people, reducing the total staff to 109,000.

Next year, another 10,000 jobs will be reduced in Germany. It has already burned through € 3 billion ($ 3.64 billion) of the € 9 billion bailout it secured earlier this year, the newspaper said.

Lufthansa has 27,000 too many full-time employees, says CEO Carsten Spohr last month, even though the airline promised unions not to make forced redundancies in exchange for cuts in bonuses and other payments.

An agreement to reduce costs and save jobs at Lufthansa has won the support of a majority of the union members of Verdi who work for the German airline as ground staff, according to the results of a poll that Reuters saw on Friday.

A formal announcement is expected on Monday.

The deal with Verdi followed months of on-off talks, during which the union accused management of trying to reduce the number of jobs even after taking a rescue service to keep its flights flying.

(1 US $ = 0.8251 euro)

(Reporting by Emma Thomasson; Editing by Chizu Nomiyama)

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