Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.1 - Passenger rail transport, interurban

150 jobs
Number of planned job losses
Job loss
Announcement Date
26 March 2014
Employment effect (start)
Foreseen end date

Description

Train company, London Midland, has announced that it is to cut 150 jobs as part of a restructuring plan. 

The company has said that there will be no front line job losses, and that cuts will be made in the head office and support staff. London Midland said that the plans would help to increase efficiency and reduce costs. 

Trade Union TSSA said that it was very disappointed by the news of job cuts and that they were seeking urgent talks with the company.


Sources

Citation

Eurofound (2014), London Midland, Internal restructuring in United Kingdom, factsheet number 76790, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76790.