Rail and air sink ferries as 1,200 jobs are cut
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The popularity of cut-price airlines and the Eurostar rail service to the continent is threatening to sink the ferry industry, where 1,200 job losses were announced yesterday.
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Company cutting 375 jobs to eliminate redundancies in wake of ATI acquisition.
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European planemaker Airbus is cutting 1,600 UK jobs over the next four year as it looks to reduce costs.
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Bombardier Aerospace said on Thursday it will cut about 2,000 jobs at its Montreal-area and Belfast operations and the severance costs linked to the layoffs will affect current year results.
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P&amp;O will cut up to 1,200 jobs and slash services in a plan to salvage its loss-making ferry business, which has been hit by competition from low-cost airlines.
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HUNDREDS of Norwich Union workers were dealt a double blow today after it was announced more jobs in the city were to be lost. Bosses said up to 70 posts were to go abroad while more than 140 jobs would transferred to York.
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Airport operator BAA is set to cut jobs with one report saying as many as 2,000 staff will be made redundant.
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LIVERPOOL was today braced for massive job losses after Royal &amp; Sun Alliance announced it was shifting 1,110 posts to India. A spokesman for the insurance firm said it was too
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COMMUTERS packed aboard the few trains running and surgeons handled only emergency operations as strikes over job cuts and pay disrupted rail services and hospitals throughout France yesterday.
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Business & money: Dow Jones industrial average falls 200 points as data 'suggests wheels have fallen off economy'
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Rail services along one of Britain's key railway networks were severely disrupted after a train derailment caused a section of the line to be closed.
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A rail company is scrapping cheap long-distance rail tickets as too many passengers were using them.
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British rail and road links were disrupted by flooding on Monday while residents were evacuated in northern England after rivers burst their banks, transport officials said.
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P&amp;O is to cut up to 1,200 jobs and slash services in a plan to salvage its loss-making ferry business, which has been hit by competition from low-cost airlines.
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MONTREAL (CP) - Bombardier Inc. is cutting 2,200 more jobs in its rail transportation division, bringing the total reductions to 7,600 by April 2006 - or 21 per cent of the division&#39;s workforce.
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Large swathes of London's sprawling transport network shut down Monday night after maintenance workers walked off the job, arousing commuter anger and drawing warnings the strike will inconvenience millions of Britons.
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It sounded like the death knell for the cross-Channel ferry industry last month when P&O announced it was to cut four of its 13 routes and shed 1,200 jobs.