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320 jobs to go at Bus Éireann

  • 21-01-2009 1:51am
    #1
    Sully
    Moderators, Education Moderators, Technology & Internet Moderators, Regional South East Moderators Posts: 24,056 Mod ✭✭✭✭



    Bus Éireann is to cut 320 jobs and its fleet is to be reduced by 150 vehicles.

    The company informed its 2,700 employees of the decision earlier today.

    Bus Éireann also outlined a cost effectiveness plan with measures it says are necessary to ensure its success in 'a very challenging economic environment'.
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    In addition to the job cuts and reduction in its fleet, the plan includes a pay freeze up to the end of 2009 as well as the deferring of payment of the terms of Towards 2016.

    In 2007 the company made a profit of €7m but last year it had losses of €9m and that figure was projected to reach €30m in 2009.

    The company says that the 'unprecedented economic downturn' led to a 4% decrease in Bus Éireann customer numbers in 2008.

    It estimates that there will be a further 5% to 6% fall in passenger numbers in 2009.

    Bus Éireann says it hopes that savings from the plan will restore the company to a strong financial position by the end of 2010.

    Last week, Dublin Bus announced 290 jobs as part of a series of cost-cutting measures.

    Dublin Bus is also withdrawing 120 buses, which is 10% of its fleet.

    It said no routes will be removed, but some services would be amalgamated and that the frequency of buses would be adjusted in some areas.

    Source: RTE

    Any ideas how this will affect the Waterford station? What services might be effected? You have several routes around the city, then the Tramore service and school services.

    CIE have already cut back on the redevelopment of the train station due to economic times (tho I personally think it was an election ploy) and have just done minor improvements to the station in terms of parking but I believe thats about it.


Comments

  • #2
    Baby4
    Closed Accounts Posts: 1,407 ✭✭✭Baby4


    This post has been deleted.


  • #3
    Fajitas!
    Registered Users, Registered Users 2 Posts: 16,624 ✭✭✭✭Fajitas!


    Baby4 wrote: »
    This post has been deleted.

    They're not subcontracted, they're different (independant) services entirely.


  • #4
    Baby4
    Closed Accounts Posts: 1,407 ✭✭✭Baby4


    This post has been deleted.


  • #5
    JohnC.
    Registered Users, Registered Users 2 Posts: 3,459 ✭✭✭JohnC.


    That's just for the school travel, not general travel.


  • #6
    Baby4
    Closed Accounts Posts: 1,407 ✭✭✭Baby4


    This post has been deleted.


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  • #7
    Fajitas!
    Registered Users, Registered Users 2 Posts: 16,624 ✭✭✭✭Fajitas!


    No problemo - The schools services could be serviced by any number of different buses, but routes like Portlaw, Dunmore etc are all privately run :) (And certainally not a fan of BE starting on them!)


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