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Thomas Cook Goes Belly Up

7 monthes ago   |   By Global Traveler Usa

U.K. tour operator and airline Thomas Cook went out of business, leaving many travelers stranded and scrambling.
Last month, the company posted the following message on its website homepage:
“Thomas Cook UK Plc and associated UK entities have entered Compulsory Liquidation and are now under the control of the Official Receiver.
“The UK business has ceased trading with immediate effect and all future flights and holidays are cancelled.”
The Department for Transport then initiated “the largest repatriation in peacetime history,” enlisting “dozens of charter planes” to bring around 150,000...
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A CEO who writes 9,200 employee birthday cards a year explains the value of gratitude

A CEO who writes 9,200 employee birthday cards a year explains the value of gratitude

7 monthes ago   |   By Business Insider

Belfor Holdings, Inc.
Sheldon Yellen, CEO of the property-restoration company BELFOR Holdings, Inc. , hand-writes birthday cards to each of his 9,200 employees as a way to say thank you.
He travels with a suitcase full of stationary. He also pens handwritten notes for thank-yous, anniversaries, and other occasions.
Researchers and career experts say the most successful corporate managers are those who can thank their employees and give them words of encouragement.
Visit Business Insider's homepage for more stories.
If you happen to sit next to Sheldon Yellen on your next flight, chances...
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A Thomas Cook rival is buying all 555 of the bankrupted travel company's UK stores - and it could save thousands of former employees' jobs

A Thomas Cook rival is buying all 555 of the bankrupted travel company's UK stores - and it could save thousands of former employees' jobs

7 monthes ago   |   By Business Insider

REUTERS/Henry Nicholls
Thomas Cook abruptly collapsed last month, stranding hundreds of thousands of travelers .
Now, a rival company is buying up all of the bankrupt travel agency's UK stores, potentially saving thousands of jobs .
Britain's insolvency agency announced the news on Wednesday.
Visit Business Insider's homepage for more stories .
Hays Travel will buy all Thomas Cook's British travel agent shops, potentially saving up to 2,500 jobs, Britain's insolvency agency said on Wednesday, in a rare reprieve for high streets across the country.
Thomas Cook, the world's oldest travel...
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