P&O Ferries to make 1,100 redundancies
Around 1,100 workers at P&O Ferries are to be made redundant as part of a plan to make the business ‘viable and sustainable’ as a result of coronavirus, the company has said.
A spokesman for Dover-based P&O Ferries said: "Since the beginning of the crisis, P&O Ferries has been working with its stakeholders to address the impact of the loss of the passenger business.
"It is now clear that right-sizing the business is necessary to create a viable and sustainable P&O Ferries to get through Covid-19.
"Regrettably, therefore, due to the reduced number of vessels we are operating and the ongoing downturn in business, we are beginning consultation proceedings with a proposal to make around 1,100 of our colleagues redundant."
P&O owner Dubai-based DP World had been seeking UK Government aid of around £150 million, according to reports.
The redundancies come two months after DP World said it would be paying its investors about £270m in dividends. DP World said it was ‘legally obliged to pay’ the dividends.
P&O operates passenger ferries between Dover and Calais, as well as Hull to Rotterdam and Zeebrugge, plus services across the Irish Sea.
P&O has already furloughed about 1,400 staff, the majority of whom the company said were in its passenger business.
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
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