Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
On 4 January 2017, German airline Lufthansa announced to create 1,400 jobs for flight attendants in Frankfurt and Munich. According to the company, Lufthansa has plans to create altogether more than 3,000 new jobs within the whole company group throughout 2017. A total of 2,200 out of these 3,000 jobs will be created for flight attendants. This also includes job creation outside of Germany, such as in the case of Austrian Airlines (Austrian Airlines, 2017).
In Germany, other divisions are also planning to take on additional staff. This is the case for Lufthansa Technik which is planning to recruit 450 new staff members. However, the company did not specify where these jobs will be created. Lufthansa also announced to take on 250 apprentices this year in Germany.
Lufthansa already created 1,850 jobs in 2016. In the same year, the company also cut 1,500 jobs in Germany, see (Lufthansa, 2016); (Lufthansa Cargo, 2016); (Lufthansa Technik, 2016) and (Lufthansa Technik, 2016). The Lufthansa Group, headquartered in Frankfurt am Main (Germany) operates on a global scale with nearly 500 subsidiaries and associated companies. Lufthansa currently employs around 67,000 staff in Germany and 120,000 employees worldwide.
Eurofound (2017), Lufthansa, Business expansion in Germany, factsheet number 89743, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89743.
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