Lufthansa Group to cut 4,000 jobs by 2030 with help of AI [Globe and Mail, The (Toronto, Canada)]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
NASDAQ:AMEX Investor Relations:
investor-relations.lufthansagroup.com/en.html
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Source: Globe and Mail, The
Michael Probst/The Associated Press Lufthansa Group said Monday that it would shed 4,000 jobs by 2030 with the help of artificial intelligence, digitalization and consolidating work among member airlines – even as the company reported strong demand for air travel and predicted stronger profits in years ahead. Most of the lost jobs would be in Germany, and the focus would be on administrative rather than operational roles, the company said. Lufthansa said it was moving to deepen the integration among member airlines and is “reviewing which activities will be no longer necessary in the future, for instance due to duplication of work.” Lufthansa Group includes Germany's biggest airline, Lufthansa, as well as Austrian Airlines, Swiss, Brussels Airlines and ITA Airways, the successor to Alitalia. It said in a statement that “profound changes brought about by digitalization and artificial intelligence” would increase efficiency across business areas and activities. Transat retur
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