Lufthansa To Cut 4,000 Jobs As Airline Turns To AI To Boost Efficiency

An anonymous reader quotes a report from CNBC: Lufthansa announced plans to cut 4,000 roles on Monday as it aims to increase profitability and lean on AI to drive efficiency. The airline group said it will eliminate a total of 4,000 FTE, or full-time equivalent, roles worldwide by 2030. The company is targeting primarily admin roles, the majority of which will be affected at its home base in Germany, as part of a broader restructuring strategy. "The Lufthansa Group is reviewing which activities will no longer be necessary in the future, for example due to duplication of work. In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes," the company said in a release issued during its Capital Markets Day in Munich. CEO Sebastian Siemiatkowski said earlier this year that artificial intelligence had partially helped to shrink the company's headcount by 40% down from 5,000 employees to almost 3,000.

Read more of this story at Slashdot.