Coronavirus: P&O Ferries to cut 1,100 jobs to enable 'viable' future

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The ferry operator had gone cap in hand for cash from the government and says it must now act to reduce its costs further.

P&O Ferries has a fleet of 21 vessels but is understood to be using only 15P&O Ferries says it is to cut around 1,100 jobs to give the business a"viable and sustainable" future beyond the coronavirus crisis.

The company, which is owned by Dubai-based DP World, said the proposed redundancies would take place across all levels of the business.P&O's various route competitors include Irish Ferries, Stena and the Channel Tunnel. Pic: Stena Line The development follows the apparent failure of the company to secure a £150m bailout from the government as passenger numbers collapsed amid COVID-19 lockdowns in its operating markets.

P&O Ferries has five routes involving the UK, Ireland, France, Belgium and the Netherlands - including Dover to Calais and Hull to Rotterdam.It is understood only 15 of its 21 vessels are operating as P&O, the PA news agency reported, continues to seek government aid on securing critical supply routes.

A spokesman for 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.

 

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