At the Lufthansa subsidiary Swiss, around 15 percent of the 9.500 jobs could fall victim to the consequences of the corona pandemic. There are also tough negotiations ahead with the workforce representatives, because costs are to be reduced by 20 percent. This is reported by the Sunday newspaper.
According to a company spokesman, initial negotiations with the staff representatives have already been held. Discussions are now also pending on social plans which, if the worst comes to the worst, if the joint efforts are not sufficient, they could be effective. However, one wants to avoid this if possible with part-time models and early retirement. Swiss also refrains from filling vacancies.
What is certain is that Swiss will turn the wage screw. Something similar has already been done at Lufthansa, but every fifth job there is on the brink. Across the group, the overhang was put at 22.000 employees. Since the corona crisis is currently threatening to worsen, the crane could adapt the austerity program again in autumn and further measures may be necessary.