Sabre has quietly announced a headcount reduction of 500 people or around 6% of its global work force.
While Sabre has been pretty lean of late and been tightly managing its growth - the decline in GDS bookings - its most profitable side of the business has finally started to take its toll. With Travelport already cutting surplus positions as part of the rationalization process with the acquisition of Worldspan and the consolidation of the data centers - only Amadeus has yet to cut some real meat. The sword of Damocles may yet avoid the Madrid company only because they have so much to do in the airline implementation side. However - they too must be feeling the global downturn despite being largely immune to the US side of the drop off.
For the formal story at the Ft Worth newspaper click here
http://www.star-telegram.com/northeast/story/1138908.html
Cheers
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