17-Feb-2010 10:00 AM

Lufthansa Cargo to reduce staffing numbers by 10% in 2010

Lufthansa Cargo reportedly plans to reduce its staffing numbers by 10% or 450 employees in 2010 through voluntary measures, such as partial retirement, part-time and special leave schemes and compensation payments, as a result of “massive” losses and rate reductions (aero.de, Dow Jones, 16-Feb-2010).