Overview

• The reductions focus on administration rather than operational roles, with most cuts in Germany and about 1,500 positions to be relocated to international group sites.
• Management raised its medium-term adjusted EBIT margin goal to 8–10% of revenue and kept a dividend policy of paying out 20–40% of net income.
• Planning and IT will be centralized across Lufthansa, Swiss, Austrian, Brussels and ITA, and more short- and medium-haul flying will move to lower-cost units such as Discover and City Airlines, targeting roughly half the fleet at the core brand by 2030 versus about 80% today.
• The company says digitalization, automation and process consolidation will drive the cuts as it invests in fleet renewal and seeks stronger returns at Eurowings, Lufthansa Cargo and Lufthansa Technik.
• Labor tensions escalate as Ver.di promises to resist reductions in upcoming talks and the pilots’ union VC wraps a strike authorization vote on September 30 covering Lufthansa and Lufthansa Cargo.