Lufthansa says to freeze hiring, cut costs over coronavirus

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Lufthansa said it would freeze new hires, use unpaid leave and additional short-time work to cut costs to help cushion the impact of the COVID-19 outbreak. YahooFinance

German airline Lufthansa said Wednesday it would freeze new hires and use unpaid leave and additional short-time work to cut costs to help cushion the economic impact of the novel coronavirus.

Employees would be offered unpaid leave and more part-time work and the group would also seek to cut administrative costs, it said.

 

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