Intrepid has become the latest travel company to make a number of staff redundant at its London office as a result of the coronavirus and its impact on business.
Other employees have also taken paid or unpaid leave. The company did not confirm the numbers of staff affected by the cost-saving measures.
Earlier this week the operator announced it was suspending all tours until May 31.
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The Australian headquartered company has a sales and marketing office in London.
Chief executive James Thornton said: “Intrepid Group has taken a series of actions to protect the B Corp certified business and its stakeholders.
“This includes a number of redundancies, standing down staff who will take leave with and without pay. The Melbourne-based company’s co-founders Darrell Wade and Geoff Manchester are also taking zero pay.
“This is a very difficult situation for the travel industry and all of Intrepid’s stakeholders.
“After four record financial years we have a strong balance sheet, but as a responsible business, we have made these decisions in order to guarantee Intrepid’s long term future.”