News / Lufthansa Cargo to axe 800 jobs in a bid to save costs and prop up falling revenue

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Lufthansa Cargo told staff on Friday that up to 800 of them would lose their jobs as the carrier attempts to stem its losses.

Between 450 and 500 jobs will be lost in Germany and the remainder elsewhere, but the carrier said the job cuts would be “as socially acceptable as possible”.

The cuts, part of the carrier’s C40 plan to save €80m a year, will account for €55m, while a further €25m will be cut from service providers.

“We will prepare the implementation of these cost measures ...