"Travelport CEO Jeff Clarke has provided more details about the $75m-worth of cost savings first mentioned during last month’s Q2 earnings call with US analysts.....
...they relate to service contract renegotiations and identified headcount reductions
By category, Travelport expects to realise savings of $15m from telecoms, $45m from information technology and $15m of other general and administrative.
In terms of the headcount reductions, Travelport is ‘re-aligning staffing levels in IT application, development and maintenance’"
2 comments:
Latest news from the states - 45 FTE's terminated this week as part of online workforce - this accounts for about 5% of the online staff.
and people keep asking me why I cant stop blogging about Travelport...Terrible punch-line to an unnerving story.
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