Last year, the company issued two profit warnings and had to abandon its 8% operating margin target. (Representational image: www.freepik.com)
New Delhi: Following the announcements of layoffs by IT giants TCS and Accenture, the aviation industry has now faced a major setback. Germany’s renowned airline group, Lufthansa, announced on Monday, 29 September 2025, that it will lay off 4,000 employees at the administrative level by 2030. This move, taken in the name of promoting digitalisation and automation, is worrying news for millions of employed people.
Why are the layoffs happening?
Lufthansa has faced persistent cost pressures and labour disputes over the past few years. Last year, the company issued two profit warnings and had to abandon its 8% operating margin target. However, Luf