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

300 jobs
Number of planned job losses
Job loss
Announcement Date
9 July 2020
Employment effect (start)
Foreseen end date


Saga, the British holiday company, has announced that it has started redundancy consultations with its staff to cut up to 300 jobs. The company did not share further details about the planned restructuring. A spokesperson for Saga said the job cuts were necessary to compensate for reduced customer numbers: all of Saga’s cruises have been suspended since March, due to the COVID-19 health crisis.

Saga specialises in providing cruises, package holidays and insurance services to customers over the age of 50.



Eurofound (2020), Saga, Internal restructuring in United Kingdom, factsheet number 101528, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101528.