Internal restructuring
Location of affected unit(s)
Administrative Services
Travel Agency, Tour Operator And Other Reservation Service And Related Activities
Travel Agency And Tour Operator Activities
79.12 - Tour operator activities

100 jobs
Number of planned job losses
Job loss
Announcement Date
17 June 2020
Employment effect (start)
Foreseen end date


Dutch tour operator Corendon has announced it will cut 100 of it 400 jobs. The tour operator has been hit hard by the travel restrictions as a result of the COVID-19 pandemic. Government support measures have kept the company from falling into bankruptcy in the past months and extra government-backed loans will be necessary to survive. To qualify for additional loans, the company has to provide a viable business plan, of which the internal restructuring is one aspect. Corendon is a tour operator in the Netherlands, specialized in vacations to destinations in Greece, Turkey and Spain.


  • 17 June 2020: Het Financieele Dagblad (fd.nl)
  • 16 June 2020: Algemeen Dagblad (www.ad.nl)


Eurofound (2020), Corendon, Internal restructuring in Netherlands, factsheet number 100967, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100967.