MyTravel

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Adminstrative / Support Services
79 - Travel agency, tour operator and other reservation service and related activities
79 - Travel agency, tour operator and other reservation service and related activities
79 - Travel agency, tour operator and other reservation service and related activities
700 jobs
Number of planned job losses
Job loss
Announcement Date
4 February 2003
Employment effect (start)
1 February 2003
Foreseen end date

Description

MyTravel, tour operator, announced the loss of 700 jobs, following a series of bad financial reports after September 11. The company has also pulled out of most of its activities in the US, Holland and Germany.

Sources

  • 4 February 2003: The Guardian

Citation

Eurofound (2003), MyTravel, Internal restructuring in United Kingdom, factsheet number 59082, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59082.