Holiday company Thomas Cook will axe 2,500 UK jobs and shut 195 shops.
The redundancies - one in six of the workforce - are part of a reshaping of the company to combat the recession and online competition.
More top news
Andrew Nay smashed into a family's car with his 4x4 during a road rage chase leaving two young sisters paralysed, a court heard.
Susan Whiting was attacked with a blunt object at the couple's bungalow, wrapped in a shower curtain, and hidden under a bed.
Teenager TJ Khayatan carried out the prank at the San Francisco Museum of Modern Art - and later posted the results on Twitter.