German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy.

Lufthansa said the majority of the job cuts would be in Germany and take place by 2030, targeting administrative rather than operational positions.

The group, which employs around 103,000 people, includes Eurowings, Austrian, Swiss and Brussels Airlines, as well as the recently acquired Italian flagship airline ITA Airways.

Germany is facing a second straight year of recession, with unemployment at a decade high.

The downturn has hit some of the country's corporate giants hard, squeezed by Chinese competition, high energy costs and slow adoption of new technologies.

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