Travel Daily | Navan downsizes ahead of IPO

THE parent company of CT Partners member Reed & Mackay has laid off 5% of its workforce, with the 145 or so jobs lost at Navan, formerly known as TripActions, believed to be part of cost-cutting measures in the lead-up to a planned float.

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 08 Dec 23
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