Budget Travel to close 14 retail outlets and cut 95 jobs; Irish tour operator business is down 40%
Aug 14th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Ireland’s largest tour operator, Budget Travel, has confirmed that it has commenced a 30 day "consultation process" with staff to discuss plans for a ”very significant” restructuring of the business in the coming months. It is planning to close up to 14 of the company’s 31 retail stores and cut 95 jobs. The decision has simply been made and will be put into effect. Irish tour operator business is down 40%