Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

340 jobs
Number of planned job losses
Job loss
Announcement Date
16 July 2003
Employment effect (start)
Foreseen end date

Description

Condor is a charter company operating for Thomas Cook. In the frame of the costs cutting plan of the tour operator, a reduction of the number of planes is planned which involves the suppression of 340 jobs.


Sources

  • 16 July 2003: Financial Times Deutschland

Citation

Eurofound (2003), Condor, Internal restructuring in Germany, factsheet number 58987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58987.