Thomas Cook in Peterborough could axe jobs

Thomas Cook, which is Europe”s second largest travel firm, and employs around 2,000 people at its head office in Bratton, Peterborough, announced that due to rising costs in the UK, £10 million will be wiped off its profit.

The number 2 holiday giant says it is likely to cut jobs but hasn”t confirmed how many this might be and which areas this would be from. According to a spokeswoman, it would keep all of its high street shops open.

Thomas Cook is a hugely important company for Peterborough. It is one of the largest employers in Peterborough and has a very high rate of customer satisfaction. Thomas Cook Peterborough brings a lot of money into the local economy of Peterborough. It is also a well known blue chip company that reflects well on Peterborough as a whole.

Lets hope that this isn”t as serious as it sounds.