Type
Internal restructuring
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Madrid
Sector
Administrative Services
Travel Agency, Tour Operator And Other Reservation Service And Related Activities
Travel Agency, Tour Operator And Other Reservation Service And Related Activities
79 - Travel agency, tour operator and other reservation service and related activities

1,200 - 1,500 jobs
Number of planned job losses
Job loss
Announcement Date
18 June 2010
Employment effect (start)
Foreseen end date

Description

The new management of travel agency company Marsans has announced that it plans to make 1200-1500 workers redundant. The management has met the workers' committee to start to negotiate a redundancy procedure that aims to reduce the 2,079 staff to between 600 and 900. These dismissals are considered essential by the group to make the company commercially viable.


Sources

Citation

Eurofound (2010), Marsans, Internal restructuring in Spain, factsheet number 70645, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70645.