Company/Organisation:
Ruefa
Geographic Location
Country:
Austria
Location of affected unit(s):
Various locations in Austria
Company
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.
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