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Eurostar to cut jobs, union wants it to be state-owned

Staff Writer | October 13, 2016
Cross-Channel high speed train operator Eurostar is to reduce the number of services it operates by 8% and intends to cut 80 jobs.
Eurostar
Transportation   A severe reduction in passenger numbers and revenue
The Transport Salaried Staffs' Association trade union said the cuts followed a "severe reduction in passenger numbers and revenue" in 2016, which had led to the Eurostar "significantly reducing costs in other areas’ before announcing the job losses.

Eurostar had reported in August that passenger numbers in Q2 2016 were down 3% on Q2 2015 to 2.7 million, with sales revenues 10% lower at £208m.

CEO Nicolas Petrovic attributed this to terrorism, uncertainly arising from the UK vote to leave the European Union, and a slowdown in traffic from world markets.

TSSA General Secretary, Manuel Cortes responds to the news of 80 job losses and a cut in services at Eurostar:

"The Eurostar business has taken a colossal and unexpected hit because of the fall off in travel to Paris and Brussels in the wake of the criminal/terror attacks earlier this year.

"Our first priority as a union is to protect our members interests, their jobs, their pension and their redundancy rights during this difficult period and we will be vigilant in defending those interests.

"But, I would also point out that Eurostar is a vital strategic asset which should be brought into state ownership in Britain - as it is in France and Belgium - to become a vital part of our nation's future green and sustainable infrastructure."


 

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