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Lufthansa planning thousands of job cuts: sources
Lufthansa planning thousands of job cuts: sources
Business and Economy
by  AFP

Lufthansa is planning to cut thousands of administrative staff as the German aviation giant seeks to reduce costs following a fall in earnings, sources close to the matter said Friday. Two sources, speaking on condition of anonymity, confirmed to AFP that Lufthansa was planning to axe up to 20 percent of its administrative staff.

Facebook, Instagram to offer paid ad-free UK subscriptions
Facebook, Instagram to offer paid ad-free UK subscriptions
Business and Economy
by  AFP

Meta announced Friday that Facebook and Instagram users in the UK will be able to buy ad-free subscriptions, extending a model already in place in Europe, to comply with regulation. Meta first announced its ad-free option in the EU at the end of 2023 to comply with tougher regulation intended to rein in big tech.