Overview

• CEO Carsten Spohr told employees that reducing administrative headcount by about one fifth is an element of improving efficiency.
• The planned reduction targets office roles on the ground rather than pilots or cabin crew, with the final number not yet set.
• Insiders expect several thousand positions to go from a workforce of roughly 103,000, with details to be outlined in Munich on Monday.
• Management frames the cuts within a Turnaround program aiming for up to €2.5 billion in annual improvement by 2028, alongside centralization, fleet renewal and growth at City and Discover.
• Lufthansa declined to comment as the shares rose about 3% on the reports and talks with unions VC, UFO and Verdi remain stalled.