Austrian Airlines Group, which is being acquired by Lufthansa (see item above), announced that it will reduce its management staff by approximately 45% from 347 currently, including cutting the number of VPs from 24 to 14. Together with 14 senior directors "who manage the staff functions and a number of selected specialist divisions," they will make up the top management of the group. "By taking this step, we are creating more efficient structures and simplifying our decision-making ...

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