Berliner Boersenzeitung - P&O Ferries axes UK jobs to stay afloat, sparking angry protests

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.833961
GBP 0.834166
GEL 2.893653
GGP 0.833961
GHS 13.055243
GIP 0.833961
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.644798
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

P&O Ferries axes UK jobs to stay afloat, sparking angry protests
P&O Ferries axes UK jobs to stay afloat, sparking angry protests

P&O Ferries axes UK jobs to stay afloat, sparking angry protests

P&O Ferries, which sails daily between Britain and France, on Thursday axed 800 UK crew with immediate effect and suspended services in a bid to stay afloat, sparking protests from angry staff and trade union fury.

Text size:

The Dubai-owned group announced it has shed more than one quarter of its staff in a drastic restructuring to save cash, and halted services for the next few days.

"We are providing 800 seafarers with immediate severance notices," the company owned by DP World said in a bombshell statement.

P&O -- which is based in the southern English port of Dover and operates four routes serving Britain, France, Ireland and the Netherlands -- has suspended passenger and freight ships.

The company was badly hit over the last two years by the Covid pandemic, which ravaged the travel sector with multiple lockdowns and travel restrictions.

Earlier Thursday at Dover, local P&O management had revealed "the dismissal of 800 British sailors" who would be replaced by cheaper Colombian crew and temporary staff in order to slash costs, according to a French union source.

The source stressed that French workers would be unaffected.

Security agents later escorted affected P&O personnel from Dover facilities, while 100 Colombians and 40 temporary workers boarded the group's ferries that were stationed there, the source added.

- 'Wholly unacceptable' -

The company's move brought cross-party condemnation. Transport minister Robert Courts told parliament that the way staff had been treated was "wholly unacceptable".

Transport Secretary Grant Shapps said the government was seeking urgent talks with the company, which justified its move because it was facing a £100 million ($131 million, 119 million euro) loss, making its business unviable.

The main opposition Labour party's transport spokeswoman, Louise Haigh, said the company was "beneath contempt" but said it was the "cruel consequence" of the Conservative government's failure to outlaw "fire and rehire" practices.

P&O said its losses had been covered by DP World but the situation was "not sustainable".

"Our survival is dependent on making swift and significant changes now. Without these changes there is no future for P&O Ferries," it added.

The company was forced to take "a very difficult but necessary decision... after seriously considering all the available options".

P&O has assured it was not heading for liquidation after ordering all ships to return to dock.

The RMT union added that security guards with handcuffs had been seeking to board ships in Dover to remove crew members.

- Staff 'fuming' -

Police were meanwhile forced to intervene when dozens of P&O staff blocked a key road leading to Dover after P&O buses carrying agency workers appeared at the port.

"I'm fuming, to be honest with you," said one 54-year-old engine room worker, who has been with P&O since the 1980s, angry at how staff were told.

"This is no way to treat people. It was just a short message this morning saying you've all lost a job, basically -- all this service for nothing."

Elsewhere, sailors in the northern English port of Hull refused to leave their P&O vessel 'The Pride Of Hull', according to local lawmaker Karl Turner, who called the company's actions "disgraceful".

- 'Fire and rehire' -

Britain's biggest public sector union Unite urged P&O to reconsider the "savage" decision "to dismiss its entire UK seafaring workforce to replace them with cheaper labour".

Although its members are not affected, it said it was a "very concerning signal" that UK labour contracts were "under attack".

Transport workers' trade union TSSA also lashed out, adding P&O had encouraged staff to re-apply for agency work under what it described as a "fire and rehire" policy.

"This is absolutely despicable behaviour from P&O, designed to reduce pay, and worsen terms and conditions for their staff," said TSSA general secretary Manuel Cortes.

"They should be ashamed of themselves, treating loyal and hardworking staff like this."

He added: "In any civilised country these actions would not only be unlawful but punishable in the harshest possible terms. Sadly, I doubt the Tory government will lift even their little finger to ensure this happens."

(F.Schuster--BBZ)