Allbury Travel Group has launched a 30-day consultation period with staff as it prepares to make a number of redundancies.
The decision as to how many staff in the group, which was renamed from the Libra Holidays UK at the beginning of April, will lose their jobs once the consultation is completed.
Allbury Travel Group chief executive Eamonn Ferrin said: “It is with regret that I announce our decision to enter the consultation process and I appreciate that this will be a challenging time for the whole team.
“However, whilst it is a difficult process we are confident that the company will go from strength to strength.”
As well as Libra Holidays, the group also owns Enable Holidays, Sky Holidays, PriceRight Holidays and the recently acquired Argo Holidays and Jetlife.
Although the group is now preparing for redundancies, Ferrin has also announced earlier this month the company aims to make further acquisitions of niche operators and online retailers and these plans have not been shelved.
The operator has also cut its overall capacity by nearly a half under a new single ATOL bond licensed to carry around 150,000 passengers.