The union that represents Thomas Cook’s shop staff says it is encouraged by ‘reassuring noises’ in response to its concerns over job losses in discussions with the company about its future on the high street.
Thomas Cook confirmed on Monday that its majority shareholder – the Chinese firm Fosun, which owns Club Med and has an 18% stake in Thomas Cook – was preparing a bid for its tour operation.
That led to the TSSA calling for urgent talks with Thomas Cook on the future of its shop network, which stands at around 550 travel agency branches.
Thomas Cook’s chief executive Peter Fankhauser has said that Thomas Cook will review its high street shops individually as and when their leases come up.
Today, TSSA general secretary Manuel Cortes, said: “We have had several discussions with Thomas Cook over the past few days and it’s fair to say reassuring noises have been made on the question of potential job losses.
“I’m pleased to say that we will continue holding regular discussions with the company and will update our members as required. Their futures are our number one priority.
“Thomas Cook is a cornerstone of our high streets and we hope, sooner rather than later, to see this institution put on a sound financial footing once again for the good of all concerned.”
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