Lufthansa will lay off 29,000 employees by the end of the year: Report

BERLIN: Lufthansa will lay 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 tries to come to terms with coronavirus, the newspaper reported on Sunday (December 6).

The airline and its subsidiaries – Eurowings, Swiss, Austrian and Brussels Airlines – have reduced their schedules, fleet and staff, and air traffic is not expected to recover to pre-2025 pandemics.

Referring to the company’s unnamed sources, the newspaper Bild am Sonntag reported that Lufthansa would cut 20,000 jobs outside Germany, while also selling its LSG catering unit, which employs 7,500 people, reducing the total number of employees to 109,000.

Another 10,000 jobs will be lost in Germany next year. The document has already fired € 3 billion ($ 3.64 billion) from the € 9 billion government bailout it secured earlier this year.

Lufthansa has 27,000 too many full-time equivalents, CEO Carsten Spohr said last month, although the airline promised unions not to lay off workers in exchange for cuts in bonuses and other payments.

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

A formal announcement is expected on Monday.

The agreement with Verdi followed months of talks, during which the union accused management of trying to cut jobs, even after it used aid to maintain its aircraft.

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