Lufthansa Technik to cut 650 jobs by 2015

Lufthansa Technik has announced plans to cut 650 jobs by 2015 as part of an extensive reorganization program . The planned changes are part of Lufthansa Group’s cost-cutting program, SCORE , to improve operating results by at least €1.5 billion ($2 billion) by the end of 2014. It said 400 out of 650...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.