MYTRAVEL has said it may have to cut 700 jobs in the UK to reduce
costs.

The crisis-ridden tour operator employs 15,000 people in the
UK and 27,000 staff worldwide.

MyTravel has entered into an initial one-month consultation
period with employees affected in underperforming areas of the business.

The cuts are part of a full-scale business review announced
at the end of last year, and a reaction to tough trading conditions.

A spokesman said MyTravel was looking to make cost-savings
in head office administration and accounting divisions.

“This is not an attack on front-line staff,” he said. “We
want to keep our customer presence on the high street.”