Job cuts expected at P&O Ferries
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P&O is to hold a meeting on Tuesday when it will announce the results of its review into the future of its ferry services.
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Shipping giant P&amp;O is to close four of its 13 ferry routes with the loss of about 1,200 jobs. Reducing the number of ships it operates from 31 to 23, the company said it would be closing all its Western Channel routes except Portsmouth-Bilbao.
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Peninsular and Oriental Steam Navigation Co (P and O) -- the ports, shipping and logistics group -- announced sweeping cuts to its ferry operations to refocus the business in the face of competition from low-cost airlines.
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Holiday operator MyTravel says job losses are "inevitable" following news of its planned merger with rival Thomas Cook.
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One of NI's major employers tries to come to terms with the loss of its biggest order - and resulting job cuts.
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New York Waterway, the financially troubled ferry operator, plans to stop providing weekend service between Lower Manhattan and Hoboken, NJ, before the end of the year, a company spokesman said yesterday.
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Shipping giant P&amp;O said Tuesday it was scrapping four of its 13 routes across the English Channel, with the loss of about 1,200 jobs.
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LONDON - The British Broadcasting Corp. will cut nearly 3,000 jobs in a drive to reduce costs, the company reported Tuesday. Most of the cuts will be in administrative departments, and some operations will
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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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The Metropolitan Transit Authority expects to reduce fare increases and rule out layoffs amid higher than expected state subsidies, officials told Newsday today.
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United Airlines said yesterday that further job cuts will be necessary as it continues slashing costs in order to get out of bankruptcy.
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Industry analysts expect close to 10,000 job cuts in the coming weeks so that the workers can be removed from AT&T's books by the end of the year.
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LONDON, England -- European shipping giant P&amp;O is to close four of its 13 ferry routes with the loss of about 1,200 jobs, the company announced.
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SHIPPING giant P&amp;O Ferriesâ decision to take the knife to routes, ships and jobs is mainly surprising in that it has taken so long.
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EMBATTLED cruise ship company P&amp;O will make major cuts to its ferry fleet, close all Western Channel routes except Portsmouth to Bilbao and sack around 1,200 staff, as part of an effort to cut costs in its ferry operations.
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PORTS and shipping company P&amp;O is to lay off up to 1200 staff and slash services as part of a Â£240 million review to reduce costs at its loss-making ferries business.
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Private ferry operators need public-funding lifelines to stay afloat, City Council officials warned yesterday. Alarmed by service cutbacks announced recently by the financially troubled NY