Re: Thomas Cook
Originally Posted by Baz46
Not forgetting of course all those businesses that relied on Thomas Cook for their work. The loss of jobs doesn't stop with just that company, there will be many thousands of other people who may lose their income as a result.
That's right Baz, as I spoke about in my earlier post
The support staff, suppliers, caterers, cleaning staff and even their solicitors and those people in the background who were contracted out to Thomas Cook.
My mate's daughter is a freelance travel agent (and a former Thomas Cook courier) whose main point of contact was Thomas Cook for helping her with her business and she will be hit very hard by this collapse.
I know in my job if we lose a contract for a big customer, i.e. they stop the tender with us and go somewhere else, we sometimes lose many hundreds of thousands of pounds in revenue. That goes down the line: It affects the company's profits and in turn the staff sometimes lose their jobs (usually slimming down office staff or losing agency workers) and ultimately we miss out on a bonus payment, which we all look forward to every six months. They don't have to pay us a bonus but it's a nice gesture and a reflection on the company doing well and it's a moral booster, which is most welcome.