COVID-19 bites aviation industry! Lufthansa to lay off 22,000 employees
International travel has been on hold for a few months now and the impact can be seen on the global aviation industry. German airline Lufthansa said Thursday that it would have to slash 22,000 full-time jobs as it predicts a muted recovery in demand for travel following the coronavirus pandemic.
The posts make up 16 percent of the Lufthansa Group's total workforce of 135,000. Source - Reuters.