HomeNewsTrendsAfter Better.com’s Vishal Garg, British CEO sacks 800 employees via video message

After Better.com’s Vishal Garg, British CEO sacks 800 employees via video message

P&O Ferries is one of the UK's leading ferry companies and carries over 10 million passengers a year. However, its demand slumped in the pandemic.

March 21, 2022 / 18:14 IST
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On Friday, P&O Ferries confirmed it is losing about £1 million a day for each day its services are not running. (Representative image)
On Friday, P&O Ferries confirmed it is losing about £1 million a day for each day its services are not running. (Representative image)

After Better.com's Vishal Garg, a British shipping company's CEO recently announced that it is sacking 800 seafaring employees.

P&O Ferries is one of the UK's leading ferry companies and carries over 10 million passengers a year. However, its demand slumped in the pandemic. On Friday, the company confirmed it is losing about £1 million a day for each day its services are not running.

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According to the BBC, nearly a quarter of P&O Ferries' workers were informed about their final day of employment via a video message on Thursday, which prompted in sit-in protests.

The sacked staff also said the video message had referred to a "generous severance package" being offered, but no details were given.