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Lufthansa Breaks With Tradition, Cuts Staff Numbers To Reduce Costs
May 04, 2012
Lufthansa plans to cut 3,500 administrative positions in the coming years as the airline implements its €1.5 billion (US$2 billion) restructuring program, dubbed Score. The airline has targeted about €500 million in staff cost reductions, one-third of the total amount. CEO Christoph Franz says one...
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