YTB Travel News:(press release) Just two days after YTB Travel International Inc. laid off 25 employees from it's Wood River, Ill, headquarters; YTB Travel International Inc. Has now disclosed that they are now eliminating 17 positions which was revealed to The Telegraph through a e-mail statement
YTB International Inc. cut 17 positions at its Wood River, Ill, headquarters this week, according to a published report.
"YTB International Inc. eliminated 17 positions today (Wednesday), representing less than 5 percent of our work force, as part of a reorganization to reduce operating expenses and curtail redundancies," Tony Green, assistant to Chief Executive Scott Tomer, wrote in a statement e-mailed to The Telegraph. "This move places the company in an even better position to realize its goals and effectively manage its continued growth."
A request from the Business Journal requesting comment was not immediately returned.
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Daryl D. Alex
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Traverus Travel and TelVerus Cell Phones
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Sunday, August 31, 2008
YTB International Inc. cuts 17 positions
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