TUI confirms UK workforce reduction

TUI confirmed a report in the Sunday Times that it plans to reduce its workforce in the UK from 13,500 to 11,500 within the next 18 months in response to tough competition in the air travel and package holiday sectors. "We will have 2,000 fewer people, and we are hoping to do it without making redundancies," Peter Rothwell, head of Northern Europe for TUI, told the newspaper. "We are doing this because of increasingly tough competition from the likes of Ryanair and easyJet and the fact ...