Thomas Cook | Crippling debts & high exec pay: Why did Thomas Cook sink?

Crippling debts & high exec pay: Why did Thomas Cook sink?

September 23 2019 marked a tragic and sad day in the world of business, as travel operator Thomas Cook collapsed after last-minute attempts to save the 178-year-old firm failed.

While many holidaymakers were left stranded abroad, around 22,000 former staff members woke up to the news that they would no longer have a job.

To continue reading FREE content

To continue reading
FREE content

For news, offers & events, direct to your inbox, enter your details below

Register

* By registering you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products.

If you find yourself asked to register again, please make sure that your browser cookie is enabled.

We would like you to become part of HR Grapevine and join the most engaged online communities of HR Professionals in the UK. Thousands of HR Professionals just like you have already registered with HR Grapevine and we would like you to join in - its FREE!

However, an EU regulation coming our way means that to continue hearing from us, you will need to become a registered user. No matter the outcome of BREXIT, this regulation will apply to us while we remain in the UK and perhaps beyond.

Access across the HR Grapevine site will continue to be free of charge once you register.

Every reader we retain, is very important to us, and we would appreciate you taking the time to Register with us now.