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 ...

TUI said the restructuring will impact its airline business TUI typically employs 70,000 people during the summer The company posted a net loss of $826.5 million in the first quarter TUI Group, the ...

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