Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Dover
Sector
Transportation / Storage
Land, Water And Air Transportation
Water Transport
50 - Water transport

1,200 jobs
Number of planned job losses
Job loss
Announcement Date
5 March 2004
Employment effect (start)
Foreseen end date

Description

P&O announced that a further 600 jobs will go after further restructuring of its ferry operations. The company announced 600 redundancies in November 2003 mainly affecting the Dover workforce. Lord Sterling said that the latest staff to be lost were going on a voluntarily basis and that full consultation with employees and unions would occur before any further changes were made.


Sources

  • 5 March 2004: The Guardian

Citation

Eurofound (2004), P&O Nedlloyd, Internal restructuring in United Kingdom, factsheet number 59002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59002.