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Lufthansa Group to cut 4,000 jobs by 2030 with help of AI, sees stronger profits ahead
['Ap News']
myMotherLode.com
FRANKFURT, Germany (AP) — 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.
It said in a statement that “profound changes brought about by digitalization and artificial intelligence” would increase efficiency across business areas and activities.
The company is a globally operating aviation group that includes network airlines, point-to-point airline Eurowings and service companies.
Its registered headquarters is in Cologne, Germany while executives and operational offices are located in Frankfurt.