Picture taken on June 12, 2013 shows a Boeing 787 'Dreamliner' plane of Thomson Airways with the logo of tourism giant TUI at the Hanover airport in Langenhagen, central Germany.will cut up to 8,000 jobs in an effort to reduce costs amid the coronavirus crisis, the European travel company announced Wednesday.
"It is clear as a result of the Covid-19 crisis, the travel industry will evolve even faster and perhaps more profoundly than many had expected. The world will be different and Tui will be different also," the report said. As well as being leaner in the future, the company also said it would be less "capital intensive," focusing instead on the digitalization of the business.
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