Thomas Cook collapse: why working capital optimization matters
Taulia
NOVEMBER 17, 2019
On 23 rd September, 178 years of history came to an end when UK travel giant Thomas Cook went into liquidation, leaving over half a million holidaymakers stranded. Most of the 150,000 UK holidaymakers affected by the fall of Thomas Cook have now been brought home by a major repatriation initiative. However, the impact on the company’s 21,000 former employees may take longer to overcome.
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