Travel Counsellors has entered into a period of consultation with its support staff to try to cut costs during the coronavirus pandemic.
It is looking at extending unpaid leave, voluntary redundancies, job shares and reduced working hours.
The company said it would take into account any positive measures introduced by the Government to support businesses in the coming days and weeks.
In a statement, it said: “We are currently facing an unprecedented set of circumstances as an industry as a result of the coronavirus pandemic. Our thoughts go out to all customers and everyone across the travel sector that has been impacted by this situation.
“Our focus throughout this time has been to support our Travel Counsellors and their valued customers. The company has joined together with an incredible spirit, helping customers to navigate an extremely complex and fast-moving situation.
“We do hope this period will be short-lived, and we remain confident that many customers who are impacted will be traveling with us again later this year. We have an extremely well positioned business model, with a track record of sales and earnings growth, but inevitably this has had an impact on the current running of the company.
“As such, we need to take some extremely difficult but responsible actions to ensure we’re in the best position to help our business owners and their customers in the months to follow.”
