Lufthansa Plans 4,000 Job Cuts in Bid to Protect Margin Goal (2)

Deutsche Lufthansa AG plans to cut 4,000 administrative jobs by 2030, the steepest reductions at Europe’s largest airline group since the pandemic ravaged the industry, as the carrier seeks to improve its profitability.

The reductions will occur through digitalization, automation and process consolidation, with a majority of them occurring in Germany, according to a statement ahead of the company’s capital market day Monday in Munich. The move is expected to generate about €300 million in annual savings, Lufthansa predicted.

Lufthansa is embarking on the most extensive savings plan in years as the company grapples with the fallout from strikes, slow ...