Thomas Cook axed around 2,500 jobs today as it revealed plans to close 195 of its high street branches.
The job losses amount to 16 per cent of its total workforce in Britain and Ireland and will affect retail, administration and back-office staff.
Shopworkers' union Usdaw said despite the challenges facing Thomas Cook the "scale and severity" of the job losses came as a real shock. It plans to meet bosses.
National officer Sharon Ainsworth said: "We will be using the 90-day consultation period to urge the business to look at every possible alternative to redundancy for these hardworking staff."
The travel agency said the decision was part of a restructuring plan and to slash administration costs.
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