EMCC European Monitoring Centre on Change

Tui UK

Company/Organisation:
Tui UK

Geographic Location

Country: United Kingdom

Company

Sector: Administrative services
Administrative and support service activities
79 - Travel agency, tour operator and other reservation service and related activities

Employment Effects

Announcement Date: 26-03-2005
Planned Job Reductions min: 2000
Planned Job Reductions max: 2000
Type of Restructuring: Internal restructuring

Additional Information

The company behind Thomson Holidays and Lunn Poly is reported to be planning to reduce its workforce by about 2,000 as part of a major overhaul. Tui UK, which was known as Thomson and still sells most of its holidays under that brand, has reviewed its UK business amid tough competition from online firms and low-cost airlines. Peter Rothwell, head of the German-owned firm's north Europe operations, told the Sunday Times that Tui wanted to cut its headcount from 13,500 to around 11,500 and hoped to do this without making compulsory redundancies.