Company initiates Exit Management Program for employees in Spain
In a significant development, the accommodation reservation platform Booking has announced plans for a collective redundancy, affecting approximately 30 employees out of a workforce of 150, equating to 20% of the ADP Workforce Now. This news was reported by Europa Press and El Periódico on Friday.
The redundancy plan is part of a review of Booking's organization structure in multiple markets, aimed at maintaining agility, competitiveness, and a customer-centric approach. The consultation process for the layoffs is still ongoing, and details about the potential affected employees and locations have not been disclosed.
It's important to note that the feature in question, which is at the centre of this restructure, is only accessible to subscribers. Access to this feature is restricted to registered users, and it's not available to non-subscribers or non-registered users.
Booking is preparing a European Works Council (EWC) notification, known as an ERE (collective redundancy plan), for its ADP Workforce Now. This move is part of the company's efforts to streamline its operations and focus on its core business.
The company's decision to reduce its workforce is not limited to Spain. Booking plans to reduce its ADP Workforce Now in the United States, the United Kingdom, Germany, and other unspecified locations as well.
As always, Booking remains committed to its employees and will strive to handle this situation with the utmost care and transparency. More information will be provided as the consultation process progresses.
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