EMCC European Monitoring Centre on Change



Geographic Location

Country: Austria
Location of affected unit(s): Various locations in Austria


Sector: Administrative services
Administrative and support service activities
79.11 - Travel agency activities
Number Employed: 600
Group: Österreichisches Verkehrsbüro AG

Employment Effects

Announcement Date: 02-03-2021
Planned Job Reductions min: 100
Type of Restructuring: Internal restructuring
Direct Dismissals: 100

Additional Information

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.