Lufthansa Layoffs

Video 642 Lufthansa to shed 4,000 jobs with help from AI.
Germany's national carrier Lufthansa on Monday confirmed reports that it intends to cut 4,000 administrative positions by 2030.
The company said it would use artificial intelligence (AI), digitalization and efficiency savings among its member airlines.
The announcement comes days after another major German company, the industrial giant Bosch, said it would cut 13,000 jobs partly with the use of AI.
"The Lufthansa Group is reviewing which activities will no longer be necessary in the future, for example due to duplication of work," the company said in a statement.
"In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes," it said
Story by Richard Connor
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