Tui warns 8,000 jobs could be cut as industry faces ‘greatest crisis

  • 📰 TheSun
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 61%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

HOLIDAY giant Tui is looking to cut up to 8,000 roles worldwide with the firm calling Covid-19 the “greatest crisis” the industry has faced. The UK’s biggest tour operator posted …

HOLIDAY giant Tui is looking to cut up to 8,000 roles worldwide with the firm calling Covid-19 the "greatest crisis" the industry has faced.

The Anglo-German company said: "We are targeting to permanently reduce our overhead cost base by 30 per cent across the entire group. Fritz Joussen, chief executive of the firm, said the company should "emerge from the crisis stronger".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in CA

Canada Canada Latest News, Canada Canada Headlines