Fraport AG, the operator of Frankfurt airport, plans to eliminate as many as 4,000 jobs as it braces for years of fallout from the coronavirus pandemic.
The company, which employed 22,514 at the end of last year, is downsizing in areas including ground handling and administration, Chief Executive Officer Stefan Schulte said in an interview. Negotiations with unions will begin soon, he added.
Read more: https://www.bloomberg.com/news/articles/2020-06-17/frankfurt-airport-operator-to-cut-as-many-as-4-000-jobs
