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.
We are sorry to announce that Thomas Cook has ceased trading with immediate effect.
— Thomas Cook (@ThomasCookUK) September 23, 2019
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Please visit https://t.co/WWiKkzLYQJ for further advice and information.#ThomasCook pic.twitter.com/Nf1X3jn97x
Union leaders have since claimed that Thomas Cook workers were “stabbed in the back” amid the firm’s collapse which cost thousands of employees their jobs.
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