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.
Manufacturing Repair And Installation Of Machinery And Equipment Repair And Installation Of Machinery And Equipment 33.16 - Repair and maintenance of aircraft and spacecraft
300 jobs Number of planned job losses
Announcement Date
15 June 2020
Employment effect (start)
15 June 2020
Foreseen end date
Description
As announced on 15 June 2020, Lufthansa Technik, a subsidiary of Lufthansa, will cut 300 jobs due to internal restructuring, according to the trade union Verdi. The management has reportedly informed the works council about the necessary cuts. It is expected that cuts will be carried out mainly in Hamburg and will affect employees in their probation period. The information hasn't been officially confirmed by the company, however, the media reports that the management and social partners have initiated negotiations.
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