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| | CNN.com - Thomas Cook to slash 2,600 jobs - Oct. 26, 2001 |
 | | LONDON (CNN) -- Thomas Cook, Europe's No. 2 travel company, says it will shed 2,600 jobs after bookings declined following the terror attacks on the U.S. Thomas Cook and its larger rival Preussag have both experienced a sharp drop in bookings since September 11. |
 | | Thomas Cook, which changed its name from CandN Touristic in May, after the company acquired Thomas Cook, Britain's third-largest travel company, for $780 million. |
 | | The company, which operates 73,000 hotel beds, 4,000 travel agents and 85 aircraft, said in late September its British unit was cutting or switching to part-time over 500 jobs as it sought to raise productivity. |
| edition.cnn.com /2001/BUSINESS/10/26/thomascook (289 words) |
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