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Eurotunnel shed 900 jobs
Tuesday, 21 Oct, 2005
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Eurotunnel has made 900 staff redundant under its voluntary redundancy programme as talks continue with creditors over its reported £6 million of debt.
The job losses will be split between the UK and France and reduce the number of staff in the company to 2,300.
A statement said the move will “reinforce the company’s financial position without compromising safety or quality of service.”
Eurotunnel chairman and chief executive Jacques Gounon said: “We need a company that is more flexible and more in tune to the needs of our clients.”
Eurotunnel has committed not to make any compulsory redundancies.
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