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Elimination of 8,000 jobs at Europe's largest travel company

Create: May 14, 2020 Edit: May 15, 2020

The German travel company, TUI has announced that it will lay off 8,000 jobs due to the crisis caused by the outbreak of the Coronavirus.

Travel restrictions around the world have seriously hampered the company's revenue source.

9 out of 10 employees of this company have been sent on leave or have their salaries cut to reduce costs.

Tags: Elimination Job Europe Largest Travel company

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News time line

Edit: two days ago Private Jet Charter by Four Seasons Available for a Limited Time

Edit: two days agoMinor Hotels Group has inaugurated two new hotels in the UAE

Edit: two days ago Turkish Airlines introduces passports for pets

Edit: two days ago Izmir a Pioneer in Sustainable Tourism in Turkey

Edit: two days agoOpening of Rixos Premium Hotel on the Mediterranean Coast

Edit: two days ago Ras El Hikma Opportunity for Hospitality Development in Egypt

Edit: two days ago Hilton Takes Luxury Nobu Hotels Worldwide

Edit: Apr 17, 2024Saudi Arabia Sets New Record in Foreign Tourist Spending

Edit: Apr 17, 2024Burj Al Arab is the most Instagrammed hotel in the world

Edit: Apr 17, 2024 The New Era of Transportation in Dubai with Flying Cars

Edit: Apr 17, 2024 Saudi Arabia's Riyadh Air Celebrates Its First Anniversary

Edit: Apr 17, 2024Expansion of Radisson Hotel Group in Morocco

Edit: Apr 17, 2024Japan launches Electronic Visa System

Edit: Apr 17, 2024 International Flights Commence at the Red Sea Airport

Edit: Apr 10, 2024️Rixos Hotels Acquire Management of El Montazah Palace

Edit: Apr 10, 2024Accor posts record EBITDA of over $1 billion for 2023

Edit: Apr 10, 2024Boutique Hotel Red Palace Showcasing Saudi Arabia's Heritage

Edit: Apr 7, 2024Etihad Airways Reports AED 1.4 Billion Profit in 2023

Edit: Apr 7, 2024Dubai aims to become the best bike-friendly city

Edit: Apr 7, 2024Four seasons Brand Expanding Beyond Luxury Accommodations

Edit: Apr 7, 2024 jazeera airways Increases Net Profit

Edit: Apr 7, 2024 NCL upgrades Norwegian Joy's onboard offerings

Edit: Apr 3, 2024Newest Instagram post of the secretary general of the world tourism organization

Edit: Apr 3, 2024 Qatar Airways Wins Best Hospitality Service Award

Edit: Apr 3, 2024 Malaysia Airlines Returns to Profitability

Edit: Apr 3, 2024Istanbul Airport named Best Airport of the Year

Edit: Apr 3, 2024 Dubai Ranks Second Globally in Reserved Room Numbers

Edit: Apr 3, 2024Dubai's Grand Ramadan Souq Opens Its Doors

Edit: Apr 3, 2024 Dubai's Food & Beverage Sector Attracted $577 Million in FDI

Edit: Apr 2, 2024Introducing Work Visas for Young Indians in Britain

Elimination of 8,000 jobs at Europe's largest travel company

Edit: two days ago Private Jet Charter by Four Seasons Available for a Limited Time

Edit: two days agoMinor Hotels Group has inaugurated two new hotels in the UAE

Edit: two days ago Turkish Airlines introduces passports for pets

Edit: two days ago Izmir a Pioneer in Sustainable Tourism in Turkey

Edit: two days agoOpening of Rixos Premium Hotel on the Mediterranean Coast

Edit: two days ago Ras El Hikma Opportunity for Hospitality Development in Egypt

Edit: two days ago Hilton Takes Luxury Nobu Hotels Worldwide

Edit: Apr 17, 2024Saudi Arabia Sets New Record in Foreign Tourist Spending

Edit: Apr 17, 2024Burj Al Arab is the most Instagrammed hotel in the world

Edit: Apr 17, 2024 The New Era of Transportation in Dubai with Flying Cars

Edit: Apr 17, 2024 Saudi Arabia's Riyadh Air Celebrates Its First Anniversary

Edit: Apr 17, 2024Expansion of Radisson Hotel Group in Morocco

Edit: Apr 17, 2024Japan launches Electronic Visa System

Edit: Apr 17, 2024 International Flights Commence at the Red Sea Airport

Edit: Apr 10, 2024️Rixos Hotels Acquire Management of El Montazah Palace

Edit: Apr 10, 2024Accor posts record EBITDA of over $1 billion for 2023

Edit: Apr 10, 2024Boutique Hotel Red Palace Showcasing Saudi Arabia's Heritage

Edit: Apr 7, 2024Etihad Airways Reports AED 1.4 Billion Profit in 2023

Edit: Apr 7, 2024Dubai aims to become the best bike-friendly city

Edit: Apr 7, 2024Four seasons Brand Expanding Beyond Luxury Accommodations

Edit: Apr 7, 2024 jazeera airways Increases Net Profit

Edit: Apr 7, 2024 NCL upgrades Norwegian Joy's onboard offerings

Edit: Apr 3, 2024Newest Instagram post of the secretary general of the world tourism organization

Edit: Apr 3, 2024 Qatar Airways Wins Best Hospitality Service Award

Edit: Apr 3, 2024 Malaysia Airlines Returns to Profitability

Edit: Apr 3, 2024Istanbul Airport named Best Airport of the Year

Edit: Apr 3, 2024 Dubai Ranks Second Globally in Reserved Room Numbers

Edit: Apr 3, 2024Dubai's Grand Ramadan Souq Opens Its Doors

Edit: Apr 3, 2024 Dubai's Food & Beverage Sector Attracted $577 Million in FDI

Edit: Apr 2, 2024Introducing Work Visas for Young Indians in Britain