Lufthansa Technik PH to reduce workers by 20%
Published February 12, 2021, 10:00 AM Lufthansa Technik Philippines (LTP) will be implementing a Rightsizing Program that will reduce the size of its workforce by 300 which brings it to 2,700 or 20 percent lower than pre-pandemic level. In a statement, LTP President and CEO Elmar Lutter said the decision came after careful study and consideration of the business situation as a result of the pandemic and its effects on the aviation industry. (Photo credit: https://www.lht-philippines.com/documents/) The Rightsizing Program, similar to other programs implemented in the past year, aims to s...