Thomas Cook to cut 100 travel jobs

Thomas Cook to cut 100 travel jobs - C&M Travel Recruitment

Around 100 jobs in travel are expected to be lost at Thomas Cook's head office as part of cost cutting measures.

The move will impact staff at the operator's base in Peterborough with a 30 day consultation period having already begun with its employees. Around 1,100 people currently work in travel jobs at the site.

Explaining the plans, Will Waggott, Chief of Tour Operating at the company, said: "These proposals are part of our ongoing programme to drive greater efficiencies across the business, putting a rigorous focus on cost to ensure Thomas Cook is fit for the future.

"They have not been taken lightly and we are doing all we can to support our colleagues who are impacted through the consultation process."

The company is due to reveal its first half financial results tomorrow (Thursday), but announced in March that it was to cut more than 300 travel jobs and close 21 stores.

In total, 102 customer facing roles were made redundant with 218 instore positions also due to be axed following a review. It means that Thomas Cook will have 566 outlets following 200 closures in the past two years, with the likes of Aberdeen, Guildford, Sunderland, West Bromwich, Bury, Llandudno, Stevenage, Stratford-upon-Avon, Colchester and Kingston upon Thames all due to lose their stores.

Meanwhile a report released last week found that uncertainty regarding the jobs market led to a small reduction in the number of permanent job placements in April.

This marks the third fall of the year so far, with the impact of Brexit thought to be negatively affecting recruitment plans.

In contrast, temporary job placements rose sharply due to strong demand for short-term staff.

The stats were found in the UK Report on Jobs from KPMG and the Recruitment and Employment Confederation (REC) which also showed that the number of job vacancies rose again last month, but the rate of growth was the weakest since August 2012.

By Owen Mckeon