Thomas Cook reassures unions amid Fosun talks

Sunday, 14 Jun, 2019 0

Thomas Cook has made ‘reassuring noises’ on the subject of job losses amid takeover talks, say union bosses.

The 175-year-old travel company confirmed earlier this week that Club Med’s Chinese owner Fosun Tourism Group is in talks to buy its tour operation.

TSSA general secretary Manuel Cortes said he was encouraged by discussions with Thomas Cook over the future of its retail business in the wake of the talks.

"We have had several discussions with Thomas Cook over the past few days and it’s fair to say reassuring noises have been made on the question of potential job losses," said Cortes.

"I’m pleased to say that we will continue holding regular discussions with the company and will update our members as required. Their futures are our number one priority.

"Thomas Cook is a cornerstone of our high streets and we hope, sooner rather than later, to see this institution put on a sound financial footing once again for the good of all concerned.

"Of course the ongoing uncertainty at Thomas Cook is unsettling for our members and we urge all employees to join our union as this is the best and only way to protect themselves."



 

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Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



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