- Current report filing (8-K)
10 January 2009 - 3:06AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported)
January
8, 2009
AMBASSADORS
GROUP, INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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No.
0-33347
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91-1957010
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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Dwight
D. Eisenhower Bldg., 2001 South Flint Rd., Spokane, WA
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99224
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code
(509)
568-7800
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
8.01 Other Events.
On
January 8, 2009, Ambassadors Group, Inc. (the “Company”) announced that due to
continued deteriorating economic conditions, it is planning to reduce its
current workforce of approximately 270 employees by 15 to 20
percent. The planned reductions are expected to be completed by the
end of January 2009.
The
Company also announced that as of January 8, 2009, it had 34,583 net enrolled
participants for 2009 travel programs compared to 42,548 net enrolled
participants for 2008 travel programs as of the same date last
year.
A copy of
the press release is attached hereto as Exhibit 99.1 and incorporated by
reference herein in its entirety.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
Exhibit
99.1: Press Release, dated January 8,
2009.
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto
duly authorized.
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AMBASSADORS
GROUP, INC.
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Date:
January 8, 2009
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By:
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/s/
Chadwick J. Byrd
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Chadwick
J. Byrd
Chief
Financial Officer
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EXHIBIT
INDEX
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Exhibit
Number
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Description
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99.1
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Press
Release, dated January 8, 2009.
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