TUI UK is cutting 2,000 staff to leave an estimated 11,500 employees by the end of 2005. The figure is higher than the originally stated number of 800. The total includes more than 900 going from the company's central London head office, which is closing with functions moving to Luton by the third quarter of the year. About 500 travel agency shop jobs are likely to be cut in addition to 500 overseas posts and 150 from call centres due to the development of new technology. The number of shops is to reduce to 500 in three to five years, down from more than 800. There were 40 shop closures in 2004 and would be a ”maximum number” of 100 this year.
http://www.tui-uk.co.uk