Far & Wide Travel starts restructuring plan

MIAMI -- Far & Wide Travel Corp. began to implement a plan for structural reorganization and consolidation that executives say will improve efficiency and reduce costs.

The company, which includes 19 tour operations, integrated its departments for air, operations, groups and phone calls. It also reorganized the functions between its offices in Miami, Englewood Cliffs, N.J.; London and Rome.

The process will include layoffs, though a spokeswoman for the company said it is not yet known how many.

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