Job losses as Galileo faces change in market dynamics - TravelMole


Job losses as Galileo faces change in market dynamics

Sunday, 20 Oct, 2006 0

An unspecified number of jobs are to go at Galileo as the GDS seeks to reduce costs.

The changes at the Travelport-owned GDS were unveiled by president and CEO Gordon Wilson, who announced that a number of roles across the global business will be impacted.

He said a change in market dynamics had affected all GDSs including Galileo. The company is to focus more on product and services for its suppliers such as airlines, hotels and car hire companies to enable them to distribute “as efficiently as possible” to travel agents.

Wilson said: “Galileo has led the way in securing long term content deals with all the major airlines and we recognise the importance of these fares to our agency customers.

“However, in ensuring these deals also address the needs of the airlines in reaching their distribution objectives, an industry-wide shift in economics has taken place. This change in market dynamics affects all GDSs – not just Galileo – and we are determined to change with them.

“We will remain successful if we make changes before changes are forced upon us, and it is always better to take action from a position of strength rather than weakness,” said Wilson.

“It is with deep regret that this will inevitably have an impact on a number of our employees but I remain committed to completing all actions as quickly as possible so that uncertainty is kept to a minimum.”

Report by Phil Davies 



 

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Phil Davies



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