Sabre Lays Off More Than 200 Employees In Addition To Job Cuts at Travelocity
Skift Take
By bringing in former Continental chairman and CEO Larry Kellner as Sabre chairman, and installing Tom Klein as the new CEO, Sabre is signaling that it is readying a strategic move, possibly an IPO, in the near future. The Travelocity deal with Expedia, Travelocity divestments of zuji and Travelocity Business, and these layoffs may all be pieces of the puzzle.
Exclusive: Sabre has recently laid off more than 200 employees in addition to the roughly 90 workers who have been fired at its Travelocity unit.
Many of Sabre's layoffs likely occurred outside of Texas, where it has its global headquarters.
That's because Sabre would been required to notify the Texas Workforce Commission of mass layoffs within
