Women out of workplace lose confidence: Thomas Cook CEO says

Thomas Cook CEO Harriet Green, who recently won the Veuve Cliquot Business Woman of the Year Award for transforming the troubled travel operator, said that new mothers should cut the amount of maternity leave they take as remaining out of work for a long period of time result in loss of confidence in the workplace.

Ms. Green said women should make a choice, instead of trying to attain perfection in all areas of their life. She added that a woman lose confidence very fast when she is out of her workplace.

Speaking on the topic, "Ms. Green said, "You need to get the balance right, you can take it too far. It may have gone a little too far in terms of some of the pressures. For me, a year [of maternity leave] feels a little long. Women out of the workplace lose confidence very fast."

Ms. Green is married and has stepchildren, but none of her own. She was appointed as CEO of Thomas Cook in 2012. Since her appointment, Thomas Cook recovered from the brink of collapse. The company enjoyed a rise of 1,250 per cent in its market value to £2.5 billion in less than two years.

However, the company suffered a decline of around 13 per cent last week, after the company reported interim results for the past six months. Unrest in popular tourist destination Egypt wiped nearly £131 million off the company's turnover, cutting profits by £14 million. But, the company still managed to slash its underlying losses by £30 million to £187 million.

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