Dominic Walsh
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Thomas Cook Group confirmed yesterday that up to 2,800 jobs could be lost in the UK as a result of its merger with MyTravel to create a £3 billion holiday giant.
The company, which completed the merger last week, said that the predicted £95 million of cost synergies would be partly achieved from the closure of six sites in the UK and about 150 of the combined group’s 950 travel agencies.
Some of the biggest losses are expected to come from the closure of MyTravel’s corporate headquarters at Holiday House in Rochdale. The enlarged group’s Britain and Ireland head office will be at Thomas Cook’s present location in Peterborough. The North West will bear the brunt of the closures, costing jobs in areas including customer support, distribution and telephone bookings. MyTravel’s airline operations base at Manchester airport will also close.
On the high street, Thomas Cook will be the main brand, although the Going Places brand will be retained in towns where more than one shop is required. The combined aircraft fleet will operate as Thomas Cook Airlines.
In addition to the main Thomas Cook brand, the group’s holiday brands will include Airtours, Direct Holidays, Manos, Panorama and Sunset. The MyTravel name will disappear.
The company said that the proposals were likely to affect between 2,500 and 2,800 jobs, out of a total of 19,000. It said that the final number of losses would be decided during a consultation process and that it hoped to redeploy and retrain some of the affected staff. The integration will take place over 12-15 months.
A small number of jobs are also likely to be lost at Thomas Cook’s corporate headquarters in Oberursel, near Frankfurt. The company will be shifting its head office to London, a process it expects to be completed in the first half of next year.
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To those loyal MyTravel employees who are about to be made redundant by the current incompetent MyTravel management, despite supplying, unrivaled and unwavering support to the company through difficult and slender times, and are now sadly being discounted as surplus to requirement, regardless of there years served, while those individuals responsible, who led the company down this dark path through their own lack of intelligence foresight and leadership are about to receive not only bonuses but pay increases bought about by the cost cutting exercises that have delivered these sad redundancy's not only to MyTravel but also Thomas Cook. Take some heart that on the 3rd of December/07 at Manchester Employment Tribunal, a young Captain of MyTravel is about to blow the whistle on the MyTravel management and show just how corrupt, dishonest and insidious they really are, and by doing so force them to resign from what promised to be lucrative new positions within the new merged company
MYT, Manchester, UK
'MyTravel now have a taste of their own medecine' - who exactly? It is the 1500 hard working employees who are losing out and they are not the ones who took the decisions which a) ruined the company and b) attempted unsuccessfully to turn it around. The ones who made those decisions will be the ones who are rewarded with a new job or a fat pay out whilst the people who worked hard through all the difficult times are left looking for a new job and without even a fair redundancy package.
To Manny and the new exec team - give your loyal staff the treatment they deserve after sticking with the company through 5 extremely tough years.
Employee, Manchester,
I have worked for WhyTravel for several years now and this is disgusting the way all staff are being treated.
After all we are the ones that have brought the company back to its feet after many years of being on its behind.
The new Airtours Brand YOU WILL LIKE WHERE WE ARE GOING------- I dont think so....
P smith, rochdale, uk
MyTravel staff getting a taste of their own medicine, just what they did to Going Places head office in Woking when Holiday House was conceived, we all said then they couldn't organise a p1ss-up in a brewery and we were right. I feel sorry for those losing their jobs, Rochdale is limited in its ability to offer anymore than a poor accent. Good luck and god bless.
Marco Trecroce, Woking, UK
thanks for the 7.5 mil. happy xmas to all on the dole in rochdale.
p.s. do you really think i am going to listen mr paul rown mp ?
peter mchugh, rochdale, lancs
I think the hold the TCG have on the high street travel shop is disgusting, bigger does not mean better, I was due to fly to spain yesterday morning but thomas cook told us wednesday evening they had double booked the rooms, they treat people badly but expect the custom. Still waiting for my £25 compensation and an apology.
Miss Dotty, Wigan, Lancs
The way that this has been handled is appauling as usual. The staff are used up and abused and then spat out!!!!
TCookson, Sale,
Business is business and no matter how biter we get, it will not change a thing. It was inevitable that MYT would be taken over at some point. We do have a taste of our own medicine, but hopefully TCG will not screw it all up like MYT did - and continues to do! Hopefully they will see sense and offer all employees affected by the redundancy the 3 week package, it would only be right and fair for those who have spend all their working lives keeping this Company going. Look at the savings, they can afford it.
Ann Hodgkiss, Helmshore, Lancs
Sure John Bloodworth and co will sleep easy in their beds no matter what. John Bloodworth stands to make £3.5 millon out of this deal and Peter McHugh £7 millon personally.
On a more important issue, anyone got a job for me? got bills to pay and don't fancy moving to Bradford in all honesty.
concerned employee, bury, England
Well as we knew the complete managment team at my travel couldnt run a flea circus. The problem is that they have just taken 1500 hard working peoples jobs down the toilet with them. Although i have never worked for this company i am very close with someone who does(for now). the moral is very low because of the way these people have been treated. So come on my travel if you are to abandon all these people then at least show your gratitued for the way your staff held firm and loyal through the last years of uncertanty. GIVE THEM TWO WEEKS REDUNDANCEY LIKE THOMAS COOK.
To all you at My travel i hope you overcome this hard time and find places within new companys that look after there staff.
john bloodsworth, holiday house Rochdale,
BIG ISSUE??
Come and get your Big Issue here!
Currently employed by MyTravel
Timmy B, Rochdale, Lancs
well done mytravel for really not looking after your staff AGAIN with thomas cook giving their employees twice the redundancy pay than a mytravel employee !! not only do the germans have all the sunloungers they have all the holiday companys too !!
j.bloodworth, rochdale, lancs
MyTravel now have a taste of their own medicine. They have been on a slippery slope since wrecking Bridge & Cresta.
I'm not surprised Thomas Cook are taking over the runnning, they wouldn't want to risk these same monkeys screwing them over.
Ex-employee, Manchester,
Merger, what a load of bull. This is a take over. A few years down the line you will see no mention of Airtours, this is the end of a North West era. However, I am sure the directors will not loose any sleep over having made a complete botch up of what used to be a brilliant company.
C Dunford, Rossendale, United Kingdom
Well Thomas Cook managed to do to MyTravel what the banks failed to do. But don't worry the directors will be OK.
Obviously after 5 years Peter McHugh failed to turn the UK business around.
B. Anderson, Manchester, UK