8,000 jobs could go at TUI as the company trims overheads by 30% in a bid to stay afloat.
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Thousands of jobs could go at TUI
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TUI has confirmed first-quarter losses of 763.6 million euros in 2020. And yet TUI has just had a long term loan from the German Government of 1.8 Billion Euros and its CEO has put on record that TUI HAS CASH AND CREDIT FACILITIES OF 3.1 BILLION EUROs so why are they putting all these people out of work. in 2021 season they will need to re-employ them or are they expecting to give the same kind of service with less staff, fewer wages to pay and yet STILL UP the cost of 2021 holidays. TUI have NEVER once thought about its CUSTOMERS or ITS EMPLOYEES they only look after the INVESTORS in the company Hamed el Chiaty(Travco) & Alexey Mordahov( Unifirm) Remember TUI WHEN this is all over The CUSTOMER WILL BE KING.
TUI phone line cuts off if you try claim a refund, for a holiday cancelled by them.