Thomas Cook has said it is reviewing its operations in the Republic of Ireland and is proposing to close its three stores in Dublin and restructure its tour operations business.

A spokesperson for the travel company said the organisation is in a 30-day consultation period.

The company employs 176 staff in the Republic at two Thomas Cook stores and a Direct Holidays shop..

It says that under its proposals, 46 staff would be affected at the Thomas Cook stores, 15 at Direct Holidays and 16 through the tour restructuring.

Thomas Cook says its priority is to retain as many people as possible after the business is restructured.

Over the past few years, Thomas Cook says, the Irish travel market has changed dramatically, as have customer's buying habits and booking trends.

In light of this the review of operations will seek to meet the changing needs of the business and customers, the company spokesperson said.