Thomas Cook reassures unions amid Fosun talks
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."
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.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025