P&O Ferries prepares massive layoffs as unions urge crew to ‘stay on board’ – latest updates Business

P&O Ferries was acquired by DP World for £322m in 2019, more than a decade after the group’s initial sale.

Dubai-based DP World is one of the largest logistics, cargo and port operators in the world, with approximately 50,000 employees.

It has a network of over 80 terminals around the world, handling 15% of global container traffic.

Its chief executive and chairman is Sultan Ahmed bin Sulayem, who has previously criticized British politicians for indecisiveness during the Brexit process.

He has already invested more than £1.5 billion in the UK, including the London Gateway, which opened in 2010.

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This notice was published: 2022-03-17 10:12:34

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