Hays Travel owners 'devastated' as they are forced to axe almost 900 jobs
Owners of Hays Travel have said they are 'devastated' as they are being forced to cut almost 900 jobs because of new travel restrictions.
The firm, which took over more than 2,000 Thomas Cook employees when it went bust in October last year, has said 878 employees out of its 4,500 workforce face losing their jobs.
Owners John and Irene Hays said Spanish travel restrictions meant hundreds of thousands of holidays were cancelled.
In a joint statement, the Hays said they had "made every possible effort" to protect the jobs of all the firm's staff, "including those who were employed when Hays Travel took on the Thomas Cook shops last October".
The company said it is now consulting with 344 staff training as travel consultants and the 534 who work in the foreign exchange division.
The firm said its experienced travel sales staff, apprentices and other head office staff were not affected by the cuts.
In a joint statement, they said: “We are devastated that after all of our efforts and the huge investment we’ve made we now face losing some of our valued employees, through no fault of their own.
“Following the decision to ban travel to Spain and the changes in furlough conditions coming at the same time, we have had no choice.
“We are also devastated for everyone who may lose their job and we will do all we can in consultations to help them, as we focus on retaining as many people as possible and rebuilding consumer confidence through our renowned friendly and knowledgeable customer service.”