P&O Ferries carries more than 10 million passengers and 2.2 million units of freight between ports in the United Kingdom and Europe each year. The company, which is owned by Dubai's logistics group DP World, said that it had resorted to mass layoffs to ensure its survival.
The company said it would provide "enhanced compensation packages" to fired staffers. It said that services would be suspended over the next few days and passengers would be rebooked with other carriers. RMT, a labour union representing transport workers, had speculated before Thursday's announcement that hundreds of its members would be replaced by foreign workers — and instructed them to stay on board.
Bringing in cheap foreign labour?
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