Tourism Holdings Limited (AU:THL) has released an update.
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Tourism Holdings Limited (thl), a global tourism operator, is implementing significant changes as part of its cost-reduction strategy. The company has restructured its executive roles, appointed Ollie Farnsworth to a newly combined position, and reduced its workforce in Australia and the USA to align with decreased demand and enhance efficiency. These measures are aimed at achieving a $12M NPAT cost saving target by FY27.
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