TUI : German tour operator will cut 3600 jobs, primarily in Great Britain

Publication

15 December 2006 à 14h14

Reading time

2 minutes

Publication: 15 December 2006 à 14h14

Reading time: 2 minutes

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During a press conference on December 15, 2006, in Hamburg, Michael Frenzel, president of the board of directors of the German group of tourism and maritime transport TUI, announced a drastic costs reduction in its tourism division. According to a TUI spokesman, the German workers' representatives and the European work's council were informed at the same time. (Ref. 061265)
Publication

15 December 2006 à 14h14

Reading time

2 minutes

Publication: 15 December 2006 à 14h14

Reading time: 2 minutes

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“The German workers’ representatives were made aware of the savings measures yesterday evening when they were submitted by the directory to the board of trustees (in which the vice-president, Jan Kahlmann, is part of the management of the German trade union Ver.di). As for the European work’s council, it met this Friday, in Hanover, to discuss it “, explained to e–europnews a TUI spokesman.

100 million euros savings on labour costs. Confronted to financial difficulties, the tour operator had a

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