Travel Union: 'Thomas Cook needs new products in 21st century'

Following the announcement by Peterborough-based holiday firm, Thomas Cook, that the company plans to axe 2,500 jobs, the TSSA travel union said it's 'shocked and angry' at the scale of job losses.

We are shocked and angry at the scale of the job losses at Thomas Cook which now seems to be engaged in a race to the bottom of the travel market.

The company needs new products if it is to come to terms with the age of the internet and prosper in the 21st century.

– Manuel Cortes, leader of the TSSA travel union

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Thomas Cook to axe 2,500 jobs

Holiday firm Thomas Cook today announced plans to axe 2,500 UK jobs and warned of some store closures under a group-wide restructure.