Travel group Tui have announced that 8,000 jobs could be cut due to the coronavirus pandemic once they resume normal services.
The Tui Group is looking to cut up to 8,000 roles worldwide with the firm calling Covid-19 the "greatest crisis the industry...
has faced". The Anglo-German posted loses of 845.8 million euro (£747m) in the first half of 2020, compared to 289.1 million (£255m) in the same period 12 months previously.
The company said: "We are targeting to permanently reduce our overhead cost base by 30per cent across the entire group. "This will have an impact on potentially 8,000 roles globally that will either not be recruited or reduced." Fritz Joussen, chief executive of the firm, said the company should "emerge from the
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