Lufthansa's Swiss unit could cut 15 percent of jobs: Report
Lufthansa's Swiss unit could cut up to 15 percent of its 9,500 jobs if it cannot agree on salary cuts with staff as it seeks to meet strict savings targets in the wake of the coronavirus crisis, Swiss weekly Sonntagszeitung said.
"It is our target to get through the crisis with as many employees as possible," the paper quoted a spokesman for Swiss as saying. "We have to cut costs by around 20 percent. We are not only focusing on personnel costs, but on every unit of the company."
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