9 February 2003

MyTravel has said it may have to cut 700 jobs in the UK to reduce costs. The crisis-ridden tour operator employs 15,000 people in the UK and 27,000 staff worldwide.

MyTravel has entered into an initial one-month consultation period with employees affected in underperforming areas of the business. The cuts are part of a full-scale business review announced at the end of last year, and a reaction to tough trading conditions.

A spokesman said MyTravel was looking to make cost-savings in head office administration and accounting divisions. "This is not an attack on front-line staff," he said. "We want to keep our customer presence on the high street."

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