Despite financial bailout, Lufthansa warns 22,000 jobs could still go
Despite agreeing a US$10 billion bailout plan which would give a German government stabilization fund a 20% stake in the beleaguered carrier, Lufthansa has confirmed that continued pandemic-related reductions in worldwide travel demand may lead to the shedding of up to 22,000 of its 135,9000 full-time staff. The flag-carrying airline, which also includes Swiss, Australian […]
Despite financial bailout, Lufthansa warns 22,000 jobs could still go Read More »