London Underground

Type
Business expansion
Country
United Kingdom
Region
London;
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.31 - Urban and suburban passenger land transport
300 jobs
Number of planned job creations
Job creation
Announcement Date
6 February 2012
Employment effect (start)
6 February 2012
Foreseen end date

Description

London Underground, an electric passenger railway in the UK, has announced plans to create 300 new jobs. The new roles will involve station assistants. Recruitment has already begun.

This job creation follows the continuous implementation of redundancies since 2009 in a bid to save money (see FS 12642, FS 15227 and FS 16116).

According to the trade unions, the job expansion move is blamed on the expected increase in demand due to the Olympic Games 2012 in London. However, the company said that the new jobs were a result of promotions and staff changing jobs within the industry.

Sources

  • 6 February 2012: London Evening Standard

Citation

Eurofound (2012), London Underground, Business expansion in United Kingdom, factsheet number 73290, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73290.