TUI provided an update this morning on how it is coping with the coronavirus pandemic. He said in a statement on his website: “We aim to permanently reduce our overhead base by 30% across the Group.
“This will impact potentially 8,000 positions worldwide that will not be recruited or cut.
“In order to return to the successful development of the last years after the crisis, we must now implement realignment quickly.”
CEO Fritz Joussen added, “People want to travel. Europe must now gradually open up. Summer holidays are possible in a responsible manner and with clear rules. We will reinvent holidays in 2020. “
Sky News also tweeted: “The Tui group says it plans to cut 8,000 jobs worldwide, calling COVID-19 “the biggest crisis the industry has ever known”.