Tripsta S.A.

Type
Internal restructuring
Country
Greece
Region
Attiki; Attiki;
Location of affected unit(s)
Sector
Adminstrative / Support Services
79 - Travel agency, tour operator and other reservation service and related activities
79.1 - Travel agency and tour operator activities
79.11 - Travel agency activities
120 - 180 jobs
Number of planned job losses
Job loss
Announcement Date
28 June 2018
Employment effect (start)
28 June 2018
Foreseen end date

Description

The two largest online travel agencies based in Greece (Airtickets and Travelplanet24), both belonging to the Tripsta group, officially announced on 28 June 2018 that the Group's operations will be significantly restructured within months due to financial problems.Initially, the company temporarily suspended the issuing of new airline tickets  and  announced the dismissal of the majority of employees in Greece According to the press reports from the total of 180 workers, 120 persons were dismissed during June 2018 and received severance compensation.

Sources

Citation

Eurofound (2018), Tripsta S.A., Internal restructuring in Greece, factsheet number 94803, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94803.