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Thomas Cook to axe jobs
1:26pm Wednesday 6th March 2013 in News
THOMAS Cook, which has a store in Kidderminster, is set to axe more than 2,000 jobs under plans to close 195 of its High Street stores.
The firm has announced it will cut about 2,500 full-time roles if proposed changes are given the go ahead.
Thomas Cook, which has a store in Vicar Street, said changes were being made to cut administration costs.
A spokesman for the travel company, which employs 15,500 people, said it is not yet known which stores would be affected.
Jobs at Thomas Cook's head offices in Peterborough and Preston are also at risk, while its Accrington office could also shut.
Peter Fankhauser, Thomas Cook UK & Ireland’s CEO, said: "It is never easy to make decisions that impact directly on our people, but we also owe it to our customers to shape the business effectively and ensure that, when they book their holiday with us, our administrative costs are as low as possible.
"As we improve and develop our online capabilities, maintaining a strong presence on the High Street is an important part of our omni-channel strategy. Even after these changes we will still have one of the largest retail networks in UK travel."
He added: "It is essential that we operate with the right number of people as we move forward into the next era for our company, allowing us to meet the future needs of our customers more effectively.
"These proposals will mean a stronger Thomas Cook that continues to be a major employer in the UK dedicated to providing excellent holiday experiences to our 23 million customers.
"We are in consultation with our Unions and employee representative bodies to minimise the impact of these changes and I am speaking personally to all employees today to provide information and support through this period of consultation."