Britain: Thomas Cook – another victim of a cut-throat system
Travel company Thomas Cook is no more. Another iconic cornerstone of the British high street has gone into liquidation and 9,000 workers in the UK are out of a job. Many of these went through the same horrible experience just two years ago when Monarch Airlines collapsed. The current collapse is arguably an even-greater social disaster and hits 20,000 workers worldwide, with wider knock-on effects throughout the travel industry.