AI to replace 4000 humans at Lufthansa by 2030
Lufthansa Group is set to let go of about 4000 employees by 2030. The company claims the move is a part of a broader AI strategy to streamline operations and enable digital tools.
Among the reasons for the decision, the company also cites the need to remove overlapping tasks and boost efficiency across Lufthansa’s network, including other airlines. They include Lufthansa itself, SWISS, Austrian Airlines, Brussels Airlines, and ITA Airways.
As the company stated, it is "reviewing which activities will be no longer necessary in the future, for instance due to duplication of work."
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The job cut will mainly affect those taking on administrative roles in Germany, according to the Associated Press.
The decision comes as no surprise as Lufthansa has previously reported on reducing staff. Last year in November, the company announced it’s plans to reduce its administrative workforce by 20% which would have affected 400 positions – ten times less than announced today.
According to Bloomberg, Lufthansa is now on it’s biggest savings plan in years. Last year, the company had to lower its financial expectations twice and missed its profit targets set in 2021 – all reportedly because of staff strikes, slow aircraft deliveries, and the main airline (Lufthansa German Airlines) failing to reach expected profit.
Despite the restructuring, the company said it’s expecting a solid demand for air travel and significantly higher profits by the end of this decade.
Lufthansa is also planning its largest-ever fleet expansion – more than 230 new aircraft by the end of 2030.
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