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HolidayCheck Group AG

ISIN: DE0005495329

WKN: 549532

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HolidayCheck Group AG · ISIN: DE0005495329 · Newswire (adhoc)

Country: Deutschland · Primary market: Germany · EQS NID: 1108281

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03 August 2020 12:53PM

HolidayCheck Group AG plans staff reductions for sustainable cost reduction

DGAP-Ad-hoc: HolidayCheck Group AG / Key word(s): Restructure of Company
HolidayCheck Group AG plans staff reductions for sustainable cost reduction

03-Aug-2020 / 12:53 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

HolidayCheck Group AG plans staff reductions for sustainable cost reduction

Munich, 3rd August 2020 - As a reaction to the COVID-19 pandemic and the resulting reluctance to travel, the Management Board of HolidayCheck Group AG plans a reduction in staff as part of a comprehensive cost-cutting programme to achieve a sustained reduction in personnel costs. The staff cuts planned by the end of 2020 will probably affect around 100 employees. This corresponds to around 20 percent of the total workforce.

Contact:
HolidayCheck Group AG
Armin Blohmann
Neumarkter Str. 61
81673 München

Tel.: +49 89 357680 901
Fax: +49 89 357680 999

E-Mail: armin.blohmann@holidaycheckgroup.com

03-Aug-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	HolidayCheck Group AG
	Neumarkter Str. 61
	81673 München
	Germany
Phone:	+49 89 357680 901
Fax:	+49 89 357680 999
E-mail:	armin.blohmann@holidaycheckgroup.com
Internet:	www.holidaycheckgroup.com
ISIN:	DE0005495329
WKN:	549532
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1108281


End of Announcement	DGAP News Service

1108281 03-Aug-2020 CET/CEST

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HolidayCheck Group AG plans staff reductions for sustainable cost reduction

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