Liquidation | Thomas Cook staff 'backstabbed' amid job losses

This morning, the world woke to the sad news of the collapse of tour operating company Thomas Cook after the firm failed to secure hefty funding over the weekend – despite approaching the Government for financial aid – to plug the funding gap.

Subsequently, the firm has gone into liquidation, thousands of employees have lost their jobs and remain unsure about whether they will actually receive a pay cheque this month – the Scotsman reported.