PHUKET: Workers on Phuket will be anxiously awaiting news of a takeover in Australia that may affect them on the Thai holiday island.
Wotif.com Holdings chief executive Scott Blume and many other employees of the online travel agent will be departing the company as new owner Expedia undertakes a major restructure of the online travel group, Australian media report today.
Seven years ago, Wotif bought out the business established on Phuket by Neil Cumming that included Asia Web Direct, the company behind Phuket.com.
At the time of the buyout, the company had 93 employees on Phuket alone and about 60 more scattered across offices in Bangkok, Samui, Krabi and Kuala Lumpur.
US travel giant Expedia completed a $703 million takeover of Wotif in November and since then it has been reviewing its plans for the Australian company.
According to the Sydney Morning Herald, is understood the job losses over the coming weeks will target its Asian operations and its local technology division in particular. In Asia, Wotif has offices in China, Indonesia, Malaysia, Singapore, Thailand and Vietnam.
As of September, Wotif employed 620 people, including 170 technology staff in Sydney and Bangkok. A spokesman for Expedia declined to say how many employees would be leaving the business.
Wotif.com Holdings chief executive Scott Blume and many other employees of the online travel agent will be departing the company as new owner Expedia undertakes a major restructure of the online travel group, Australian media report today.
Seven years ago, Wotif bought out the business established on Phuket by Neil Cumming that included Asia Web Direct, the company behind Phuket.com.
At the time of the buyout, the company had 93 employees on Phuket alone and about 60 more scattered across offices in Bangkok, Samui, Krabi and Kuala Lumpur.
US travel giant Expedia completed a $703 million takeover of Wotif in November and since then it has been reviewing its plans for the Australian company.
According to the Sydney Morning Herald, is understood the job losses over the coming weeks will target its Asian operations and its local technology division in particular. In Asia, Wotif has offices in China, Indonesia, Malaysia, Singapore, Thailand and Vietnam.
As of September, Wotif employed 620 people, including 170 technology staff in Sydney and Bangkok. A spokesman for Expedia declined to say how many employees would be leaving the business.
Somnamn??... is time that Thai workers understood that bad time is coming for everyone. Thai baht so strong will be soon a very big big problem on thai economy.
Posted by dave on January 26, 2015 11:14