Job losses ‘relatively small’ following Hotelbeds acquisitions
Palma-based Hotelbeds Group has completed the process of selecting its top 350 managers following its acquisitions of bedbanks Tourico Holidays and GTA.
It said the number of people who have not been kept on as a result was ‘relatively small’ in the context of its global business.
In the last two weeks it has been appointing at manager level and says almost all roles have now been filled.
The handful of roles remaining will be confirmed in the coming weeks.
Executive chairman Joan Vila said: "In many cases the increased size of our newly-combined business has meant that we have been able to appoint people into exciting and fulfilling new roles within our organisation.
"However, sadly in some cases there have not been appropriate roles for every single person due to the strong talent pool available. The appointments followed a rigorous and robust review process, supported by external experts. Factors such as geography or new skillset requirements played a significant part in the difficult decisions taken. We recognise the contributions of these people and wish them all the best for the future.
"Nonetheless, in the context of our global business – which now employs thousands of staff around the world – the impact has thankfully been relatively small, and this is down to our continued growth and ambitious plans for the future.
"While the shape of our operations will continue to respond to the needs of the market, over the medium term we expect our headcount to remain roughly stable, and in fact over the longer term even grow. In some areas, such as sourcing, we are currently on an active recruitment drive."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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