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Lufthansa to Cut 4,000 Jobs, Targets 10% Operating Margin by 2030
By MBN Staff - Mon, 09/29/2025 - 15:25
Lufthansa Group plans to cut 4,000 admin jobs by 2030, targeting 8–10% operating margin and over US$2.9 billion annual free cash flow
https://mexicobusiness.news/tag/corporate-restructuring
More Oil & Gas
PEMEX to Settle Debt With Suppliers by March 2025
By Perla Velasco - Fri, 01/17/2025 - 15:41
Sheinbaum announced that PEMEX will fully settle its outstanding supplier debts by March 2025, addressing delayed payments.
Continental to Spin Off Automotive, Sell OESL by 2025
By Óscar Goytia - Thu, 12/19/2024 - 16:00
Continental plans to spin off its Automotive sector and sell its OESL unit under ContiTech, with completion expected by the end of 2025
Airbus to Lay Off 6% of Staff in Defense and Space Division
By MBN Staff - Thu, 12/05/2024 - 18:08
Airbus plans a major restructuring of its Defense and Space division, cutting 6% of its workforce
GE Aerospace Settles Shareholder Lawsuit for US$362.5 Million
By Óscar Goytia - Fri, 11/29/2024 - 15:53
GE Aerospace will pay US$362.5 million to settle a shareholder lawsuit over undisclosed risks in its GE Power business
Booking Holdings Announces Job Cuts Amid Restructuring
By MBN Staff - Tue, 11/12/2024 - 12:12
Booking Holdings announces job cuts as part of a restructuring to improve operational efficiency and reduce costs, following rising expenses in 3Q24
Microsoft Cuts 650 Xbox Jobs Amid Ongoing Industry Challenges
By MBN Staff - Tue, 09/17/2024 - 17:33
Microsoft is cutting jobs to streamline operations while maintaining game and studio commitments.

Mastercard Cuts 3% of Workforce, Redirects Focus to Cybersecurity
By MBN Staff - Mon, 08/19/2024 - 17:41
Mastercard trims 3% of its workforce to refocus on cybersecurity and new markets as part of a broader industry shift amid evolving market dynamics.

Metso Refutes Sandvik Merger Rumors
By Paloma Duran - Mon, 08/19/2024 - 15:56
Metso assured that there is no information nor any related internal projects supporting the merger rumor.

Atos Secures US$1.8 Billion in Financing for Debt Restructuring
By MBN Staff - Mon, 07/15/2024 - 13:58
Atos has reached a deal for US$1.8 billion in debt restructuring funds, ensuring the continuity of its operations