Major changes at Flight Centre continue apace. Get up to speed with everything that is going down at the travel behemoth.

The company will initially retain up to 70 per cent of its global workforce as a result of this new plan. However, its Aussie arm faces some big cuts.

Flight Centre boss Graham “Skroo” Turner has penned an update on how the company is responding to the impact of the COVID-19 outbreak.

In light of unprecedented challenges facing the travel industry, Flight Centre has accelerated its “urgent” business review to identify further cost- and cash-saving initiatives.

Flight Centre plans to close as many as 100 “under-performing” leisure shops across Australia before 30 June, in light of what it described as heightened coronavirus uncertainty.

Flight Centre has put the legal case of its involvement in the failed Fyre Festival behind it, having made the decision to settle the matter for much less than what was being sought by the festival’s liquidator.

The industry behemoth has announced a new tech investment which, to be honest, has gone right over the head of Travel Weekly’s editor.

This week’s Agent Wrap is so full of famil opportunities and incentives that Travel Weekly staff are considering retraining as travel agents to get in on the action.

The travel giant has left a bad taste in the mouths of investors, posting a whopping fall in profit for the first half of the 2020 financial year.

Ahead of releasing its first-half results, the travel giant has warned its earnings may take a hit as the effects of coronavirus begin to take hold.

The pictured gondola is looking pretty good to Travel Weekly staff right now, as we try to come up with ways to get to the pub across the road in this torrential Sydney rain.

In great news for Flight Centre agents whose clients can’t afford a holiday comes this.