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.

View all 8 updates ›

Union says cuts will not help Thomas Cook

Around 2,500 jobs are to go at travel firm Thomas Cook – many of which will be cut from the firm's head office in Peterborough.

The job losses, alongside the closure of 200 high street stores, are part of the next phase of a three year transformation plan for the company, which aims to cut costs and reduce financial losses.

The general secretary of TSSA – the union for people in travel and transport, Manuel Cortes, believes cuts aren't the answer.

More top news