Hays Travel to buy Thomas Cook stores which could save 2,500 jobs

-

Hays Travel to buy Thomas Cook stores which could save 2,500 jobs

All of Thomas Cook’s 555 high street stores are to be bought by rival travel agent, Hays Travel which could result in 2,500 staff members keeping their jobs.

Hays has already recruited 421 former Thomas Cook staff following the companys liquidation on 23rd September. Hays hopes to take on in total 2,500 former Thomas Cook employees which would double their workforce.

John Hays, who set up the travel agent 40 years ago in Sunderland and is managing director said it had been an emotional day (9th October) with many of the former Thomas Cook staff crying that their jobs had been saved. Mr Hays plans on reopening branches within days.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

He went onto explain how there is no guarantee regarding every Thomas Cook shop but “it is certainly our intention to take on all staff” under the Hays name.

More than 100 staff will be based in the company’s Sunderland headquarters whilst the others will be spread out across the UK.

The company even tweeted out urging Thomas Cook employees to apply for a role at Hays.

When Thomas Cook lifespan came to an end it put 22,000 jobs at danger worldwide as well as 9,000 in the UK.

Mr Hays said:

Our staff were devastated to hear about Thomas Cook and we all immediately felt we wanted to help.

In the last two weeks we have already employed or offered jobs to around 600 former Thomas Cook colleagues, and it has been a very emotional experience for them.

Now that we are able to re-open the shops, we are looking forward to welcoming many more people who share our passion for the travel industry, into our family business.

 

Darius is the editor of HRreview. He has previously worked as a finance reporter for the Daily Express. He studied his journalism masters at Press Association Training and graduated from the University of York with a degree in History.

Latest news

Sustainable business starts with people, not HR policies

Why long-term success depends on supporting employees, not just meeting ESG targets, with practical steps for leaders to build healthier organisations.

Hiring steadies but Gulf crisis threatens recovery in UK jobs market

UK hiring shows signs of stabilising, but rising global uncertainty linked to the Gulf crisis is weighing on employer confidence and delaying recovery.

Women ‘face career setback’ risk with flexible working

Female staff using remote or reduced-hour arrangements more likely to move into lower-status roles, raising concerns about bias in career progression.

Jo Kansagra: Make work benefits work for Gen Z

Gen Z employees are entering the workforce at full steam, and yet many workplace benefits schemes are firmly stuck in the past.
- Advertisement -

Union access plans risk straining workplace relations, CIPD warns

Proposed rules on workplace access raise concerns about employer readiness and operational strain.

Petra Wilton on managers struggling with new workplace laws

“Managers are not being given the tools they need to fully understand how the rules of the workplace are changing.”

Must read

Katrina Collier: Seven easy ways to improve your LinkedIn social recruiting

Recruiting on LinkedIn should be easy. After all, it...

Iain Mcmath: Give Dads the gift of tax savings this father’s day

Managers and employers should offer childcare vouchers to working...
- Advertisement -

You might also likeRELATED
Recommended to you