Recent lay-offs in logistics could well be 'a harbinger of headwinds'
Last month saw a spate of layoffs in the logistics arena: in the space of ...
Fraport, operator of Frankfurt Airport, is to cut up to 3,000 jobs, according to a report in German paper DVZ.
While Fraport has yet to respond to the claims, DVZ claimed that some 14% of jobs at the operator were at risk.
Employees were told at the end of May that the airport expected traffic volumes in 2023 to be 15%-20% lower than in 2019, necessitating cuts that will mainly be in traffic-dependent jobs, such as ground handling, with some 1,800 handlers ...
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