Industry Addendum: Technology
Sabre axes more jobs as it completes a two-year restructuring of its global business
June 1st 2020
U.S. headquartered travel software and technology provider, Sabre Corporation, has announced approximately 800 employees at 43 of its offices worldwide will be made redundant as part of the company’s “strategic realignment”. Read More » Four hundred Sabre staff already have lost their jobs in the the organisation’s 24-month restructuring.
Sabre also said team member furloughs would end on or before July 6, employee compensation would be restored to 100% of base pay by the same date and it would introduce a remote work program, “work from anywhere” where permitted by local laws.
Key elements of strategic realignment include the creation of solutions for LCCs to retail and distribution content through Sabre’s recently acquired Radixx and transformation of Sabre’s technology in a 10-year preferred partnership with Google.
Initiatives to be developed between Sabre and Google will be migration of Sabre’s IT infrastructure to Google Cloud, utilization of Google’s data analytics to enhance Sabre’s products and “design a broader innovation framework with Google to optimize the talents of both companies”.
