Lufthansa CEO suggests all staff work less instead of job cuts

BERLIN: Lufthansa Chief Executive Carsten Spohr said on Thursday he wants to avoid job losses at the German airline by persuading unions to agree to cutting working time and salaries for all employees.

“One idea is rather than a fifth of employees having to leave, that everyone works a fifth less, for example, and earns a fifth less. For me, that would be a much more social responsible way than forced layoffs,” he told Bild newspaper.

Must Read

PM for ensuring third party validation in all government procurements

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday directed the relevant authorities to ensure third party validation including quality insurance in all the government procurements. Chairing a...