06/03/2013

2,500 Jobs To Go At Thomas Cook

Thomas Cook is to close 195 stores.

Over 2,500 jobs will be lost as part of the restructure.

Peter Fankhauser, Thomas Cook UK and Ireland’s CEO, said: "We firmly believe these proposals will mean a better – more profitable – Thomas Cook that continues to be a major employer in the UK and offer the widest range of holidays for travellers and voyagers in the future.

"We are already consulting with our Unions and employee representative bodies to minimise the impact of these changes and I am speaking personally to all employees today to provide information and support through this period of consultation."

(GK)

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