TUI cuts workers' hours to save jobs
Germany’s biggest holiday company TUI Deutschland will put its workers onto short shifts in order to try to stabilise its economic position and save jobs, it announced on Saturday.
Between May and January 2010, around 1,500 Tui Deutschland staff, and 200 who work for a subsidiary firm TUI aqtiv, will be able to chose which four months of the year they will work about 10 percent less.
This will be worked out by giving them eight days extra free, for which they will be paid between 2.8 and 5 percent less than normal. Management have already agreed to take a five percent reduction in their pay.
TUI Deutschland covers more than 27 percent of Germany’s travel market, and includes 1-2-Fly and airtours as well as specialised firms Gebeco and L’tur.
It is owned by TUI Travel PLC, which is the world’s biggest travel company.
Comments
See Also
Between May and January 2010, around 1,500 Tui Deutschland staff, and 200 who work for a subsidiary firm TUI aqtiv, will be able to chose which four months of the year they will work about 10 percent less.
This will be worked out by giving them eight days extra free, for which they will be paid between 2.8 and 5 percent less than normal. Management have already agreed to take a five percent reduction in their pay.
TUI Deutschland covers more than 27 percent of Germany’s travel market, and includes 1-2-Fly and airtours as well as specialised firms Gebeco and L’tur.
It is owned by TUI Travel PLC, which is the world’s biggest travel company.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.