P&O Ferries owner rakes in record-breaking profits just months after sacking 800 workers 

P&O Ferries’ parent company has boasted “record half year profits” just months after firing hundreds of its British workers.

The ferry service made headlines in March abruptly sacking 786 workers via a video message.

Dubai-based DP World, which owns P&O, told a parliamentary inquiry that the operator had “no future” unless it replaced staff with cheaper agency workers.

Yet last week, the Emirati multinational logistics company announced eye watering profits for the first six months of 2022.

P&O’s parent company “delighted” to announce record profits

In a statement on the company’s website, DP World CEO Sultan Ahmed Bin Sulayem said he was “delighted to report a record set of first half results” with revenue

→ Continue reading at Euronews

[ufc-fb-comments url="http://www.newyorkmetropolitan.com/travel/po-ferries-owner-rakes-in-record-breaking-profits-just-months-after-sacking-800-workers"]

Latest Articles

Related Articles