LONDON (Reuters) – Travel group TUI <TUIGn.DE> will cut 8,000 jobs and look to shed 30% of its costs as it gears up for a July restart to European tourism, the German company said on Wednesday.

Thomson, the UK arm of German travel giant TUI, is expected to bear the brunt of a series of cost cutting measures due to be unveiled this week. Speculation is focussing on a series of measures which ...

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(Alliance News) - TUI AG on Wednesday reported a widened interim loss as the Anglo-German tourism operator embarks on 8,000 job cuts in order to cut 30% of costs. In the six months to March 31, TUI ...