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P&O set to cut jobs in major restructure
  Date:09/11/10  |  From:ifw-net  |  Click:

Ferry operator P&O Ferries has warned employees that up to 15% of its Dover workforce may lose their jobs in a major restructure of the firm.

In a letter to senior staff, seen by IFW, CEO Helen Deeble said: Any proposed job losses will be subject to full consultation and may be phased-in over time.

Following the letter, the ferry firm told staff that up to 70 jobs could be lost at its Dover HQ.

It blamed continuing competitive pressures, falling revenues and rising costs, and the announcement follows from a
warning from Deeble last month that the performance of the company was ??going to require urgent attention.

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