Ruefa, the Austrian travel company, announced job cuts across its agencies in Austria. One hundred employees were registered with the Public Employment Service (AMS). The company spokesperson confirmed the downsizing, but did not comment on the actual numbers. The COVID-19 crisis is at the origin of the decline in the tourist industry and the reason for the restructuring. In 2020, the company turnover dropped by 70%. Ruefa has around 100 travel agencies all over Austria and is owned by the Österreichisches Verkehrsbüro AG.