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).

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More