Updated 1:54pm 15 March 2013

Thomas Cook to cut 2,500 UK jobs and close 195 stores

Thomas Cook has announced plans to axe 2,500 UK jobs
Thomas Cook has announced plans to axe 2,500 UK jobs

AROUND 2,500 jobs are to be axed at holidays group Thomas Cook after it revealed plans to close 195 of its high street travel agencies.

The job losses - 16% of its 15,500 workforce in the UK and Ireland – will impact workers across its retail network as well as administration and back-office staff.

Thomas Cook said the moves were being made as part of a restructuring and to slash administration costs.

More from the Liverpool Daily Post

From around the web

Share