TravelBrands Streamlines As Res & Mgmt Positions Trimmed
TravelBrands CEO Zeina Gedeon has confirmed reports received by Open Jaw
that it has cut some jobs as it prepares to emerge from creditor protection.
“It is correct, today we laid off 20 res agents and several other
management positions,” Gedeon said.
“In order to streamline our operation and focus our resources on our
most strategic opportunities, we are implementing more stringent budget and
resource allocations around new initiatives and projects, which will improve
our profitability and allow us to reinvest in shaping technology and products