South African factory workers protested against the dismissal of foreign employees, arguing that their skills are vital for protecting local jobs.
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Germany's Lufthansa to slash 4,000 jobs as headwinds mount
Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of the German airline giant's workforce, after profits slumped in the face of mounting headwinds.
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Germany's Lufthansa to slash 4,000 jobs by 2030
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy. Lufthansa's announcement comes just days after another major German company, industrial giant Bosch, said it would cut 13,000 jobs, or three percent of its global workforce.
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