Up to 2,500
jobs have been saved following the announcement that Hays Travel is to buy Thomas
Cook’s entire portfolio of 555 shops. Hays is aiming to reopen all shops as
soon as possible and all Thomas Cook employees who were made redundant will be
offered their old jobs back. In addition, over 100 new jobs will be created at
Hays’ head office in Sunderland. Thomas Cook ceased trading in September 2019 after
failing to obtain £200m of extra funding.