Overview
- Anonymous-source reports indicate Lufthansa Group plans to reduce administrative headcount by about 20% across its airlines.
- Handelsblatt estimates roughly 15,000 office employees within a 103,000-strong workforce, implying thousands of roles at risk.
- The company has declined to comment ahead of a strategy update expected at its capital markets day on Monday.
- One source said operational workers such as mechanics, cabin crew and ground staff would be excluded, a detail not confirmed by Lufthansa.
- Shares rose around 3% after the reports, as the mooted cuts align with a wider efficiency drive following a near-20% profit drop in 2024 and plans to centralize management.