Thomas Cook has entered a 90-consultation with some of its UK employees on a three-year programme to "transform its operations".
The consultation will consider plans to:
- Close 195 high street stores, whilst retaining 874 outlets on British high streets
- Place a number of administrative and managerial roles at risk, at Head Offices in Peterborough and Preston, whilst proposing the closure of its Accrington office
- Change some terms and conditions in order to make further efficiencies, thereby safeguarding additional roles
- Thomas Cook currently employees 15,500 people in the UK and it is anticipated that approximately 2,500 full-time roles will go if the proposed changes go ahead.
More top news
An easyJet flight on its way to Bristol has been forced into an emergency landing after smoke was reported in the cockpit.
People are unaware that heartburn could be a sign of cancer, a new health campaign warns.
Most of the UK will have a mixture of sunny spells and scattered showers before becoming drier in the afternoon.