Öger tours

Type
Merger/Acquisition
Country
Germany
Region
Hamburg; Hamburg; Hamburg
Location of affected unit(s)
Hamburg
Sector
Wholesale / Retail
46 - Wholesale trade
46.1 - Wholesale on a fee or contract basis
46.19 - Activities of agents involved in non-specialised wholesale
40 jobs
Number of planned job losses
Job loss
Announcement Date
2 February 2007
Employment effect (start)
1 March 2011
Foreseen end date

Description

Following the acquisition of travel agency, Öger Tours, Thomas Cook plans to cut of 40 out of 100 jobs at Öger Tours Hamburg.  The job cuts will affect the ticket and the finance departments. According to FTD information, most job shall be shed by natural attrition and early retirement.    

Citation

Eurofound (2007), Öger tours, Merger/Acquisition in Germany, factsheet number 71569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71569.