That stock News

The tour operator said job reductions were made in positions of management and support services to the United Kingdom, with 120 coming from the company decided to not fill the positions.

The company will also improve its computer systems and contracts with suppliers renengotiate to lower costs.

This year, Thomas Cook, Executive Director Manny Fontenla-Novoa Earleir said employees working in the company's workshops and reservation calls and representatives of resort centres would be unlikely to lose their jobs.

Thomas Cook has approximately 13,000 employees in the UK, amounting to 15 000 peak summer period.

Mr. Fontenla-Novoa stated that year at the end of September was the worst year that we experienced after "interruption of volcanic ash, election, cutting world, weak consumer sentiment and a recovery slower than the rest of Europe."

"As we enter the year, even though the UK environment remains uncertain, that we are encouraged by a better market environment in our key markets continental and Scandinavian," Thomas Cook said this morning.

Earnings before taxes fell to ￡ 41.7 the year at the end of September, down from ￡ 45 m.1 m year précédente.Bénéfice operating fell to 391 m ￡, low 6pc with the previous year.

Revenue fell 4pc ￡ 8. 89bn, after Thomas Cook reduce the number of available and lowest winter holiday request of United Kingdom.

View the original article here