Nippon Travel Agency Co., Ltd., a major travel agency, posted a final deficit of 12.7 billion yen last year due to a significant drop in travel demand due to the spread of the new coronavirus infection.

In light of the difficult business environment, the company plans to reduce the number of employees by 30% by the end of next year by curbing the hiring of new graduates, and to reduce the number of stores to about 90, which is less than half of the number at the end of last year. Revealed.