Skip to main content

Holiday firm Thomas Cook is planning to cut 430 Jobs In USA due to Global Recession


Holiday firm Thomas Cook has confirmed it is wielding the axe again as it continues to turn its business around.

The company is planning to cut 430 jobs which it says will "enhance the financial performance of our UK airline, improving profitability and operational efficiency".

The people affected will include pilots and cabin crew whose futures were already threatened by a partnership deal with easyJet.

Thomas Cook started to shed posts and planes from its fleet last year as it battled to recover from a near-financial collapse that saw it eventually take a new £200m loan and extend its financial arrangements amid the slowdown in consumer spending.

The Unite union, which represents 400 engineers and 1,000 cabin crew out of the 2,700-strong workforce, said it will begin talks on Wednesday in an attempt to save as many jobs as possible

"At present, details of the threatened job losses are sketchy - we are not even sure which airports that Thomas Cook flies from will be worst hit," Unite's regional officer, Helen Osgood, said

"This is shocking news to a loyal and hard-working staff at the holiday company. Their future at this time is our prime concern.

“Our talks with management will be at Thomas Cook’s offices in Manchester, following a meeting of our reps."

Thomas Cook's statement said: "We are proposing to reduce the UK fleet from 35 to 31 aircraft, returning 4 planes to the lessors at the end of their lease term with the resultant cost saving.

"Our in-house airline will continue to serve all of our key routes and in the last year alone transported over 6.8 million passengers globally to their chosen destination.

"Regrettably these proposals, if implemented, will have an inevitable impact on our people and we have today entered a period of consultation with our employees, with the expectation that approximately 430 roles will be impacted."

The travel company said it would work with the staff affected to support them.

Joyce assures workers on jobs
Sydney Morning Herald
QANTAS chief executive Alan Joyce has assured its workforce that jobs will not be cutas a result of its proposed close alliance with Middle Eastern airline Emirates. With some unions fearing job cuts will be made once the deal is approved, Mr Joyce ...
See all stories on this topic »

Sydney Morning Herald
Thomas Cook 'To Cut Hundreds More Jobs'
Sky News
The company is planning to cut 430 jobs which it says will "enhance the financial performance of our UK airline, improving profitability and operational efficiency". The people affected will include pilots and cabin crew whose futures were already ...
See all stories on this topic »
American Airlines CEO acknowledges rough few weeks
In that same period Delta, Southwest and U.S. Airways were all above 85 percent. The drop has been attributed to pilots writing up extra maintenance requests as part of an unsanctioned job action. The airline has cut flights, and added reserve crews ...
See all stories on this topic »

AA pilots upset as Qatar joins Oneworld
According to the US press, a group of American Airlines pilots came to the party and picketed QatarAirways' membership saying the inclusion costs them jobs. AA Captain John Diacsuk told AP that the code share alliance "cuts in on our flying and our ...
See all stories on this topic »


Popular posts from this blog

Guest Post Available on these sites

Guest Post Available on these sites. At just 100$ [For all Sites] Contact  +91 91318 68158

Online Blogger Training Program

Online Blogger  Training Program 5 Days Basic  Online Blogger  Training Program [Classes Mon To Fri  ]    2021 To    2021  Timing : 5PM to 5:45 PM  Present Online Blogging  Training Program [5 days a week for 1 Week Only ]  Age : 10Years to 35 Years Only Fees : USD $100 or  INR 899  Work From Home [WFH]   Free Blog  for All  Topics  What is a Blog and Blogging Find a Blog Niche.  Write about What You Love  How to Start a Blog  [Step By Step]  10 Places to Promote Your Blog Posts  To apply for this Position Contact Send us Your following Info on WhatsApp  +91 8851365156  +91 9977513452 Dept :   Online Blogger  Training Program 1. Full Name----------------- 2. Date of Birth---------------- 3. City ------------------- 4. Gender --------------    5. Age -------------- 6. Univ / Ins  -------------------- 7. Education : 8. WhatsApp : 9. Fees Rs 799 by GooglePay  9329737330  PayTm 9826037330 Plz Contact  our Corp Team Manbir Kaur   [Aero Engineer]  Director [Business Dev

New Tools to Identify and Protect Against Cloud Computing Problems

New  Tools  to Identify and Protect Against Cloud Computing Problems Overclockers Club This new  tool  is a very light program, taking less than 1% of a CPU's maximum load and using only 16 MB of memory, that monitors system level information for any deviations from the norm. If a virtual machine sees a sudden change in CPU, memory  ... See all stories on this topic » Increased  Internet  access aims at closing rural-urban education gap Global Times This semester, she is teaching at her hometown elementary school with the aid of the  Internet  and multimedia facilities,  tools  she first used only after she had become a college student. Xujiadu Primary School, where she works, is one of the  ... See all stories on this topic » Casual Collaboration Sweetened by Ribose Einnews Portugal The new web platform, , brings together an unmatched collection of  tools , applications and widgets that harness the real-time, social and cloud-based flexibility of today'