Hurt by the COVID-19 outbreak, German carrier Lufthansa will cut 22,000 jobs.
Hurt by the novel coronavirus, or COVID-19 outbreak, German carrier Lufthansa will cut 22,000 jobs, news agency AFP reported.
Lufthansa last week pledged a wide-ranging restructuring, from thousands of job cuts to asset sales, as it seeks to repay a 9 billion euro ($10.26 billion) state bailout and navigate deepening losses in the face of the coronavirus pandemic.
(With inputs from Reuters)(This is a developing story. Please check back for updates.)
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First Published on Jun 11, 2020 02:36 pm
