Network Rail may cut 1,800 jobs
LONDON (Reuters) - Rail operator Network Rail said it planned to cut 1,800 maintenance jobs by April 2011, the Times reported on Friday.
"We are discussing our plans with our people and their union representatives and no final decisions have been made," The Times quoted a spokesman for the company as saying.
Network Rail, which runs Britain's rail network and its largest train stations employs 33,000 people across the company.
The news came a day after the company unveiled plans for a 34 billion pound high-speed rail link from London to the north of Britain that would halve travel time to Scotland to just over two hours.
Network Rail was not immediately available for comment.
- Tweet this
- Share this
- Digg this
- Iran to push for Saudi oil output cut at OPEC - Mehr news agency
- Aviva shares fall, Friends Life jumps seven percent on merger news |
- Aviva, Friends Life 5.6 billion pound merger plan makes sense - investors
- Putin says Russia not isolated over Ukraine, blames West for frosty ties
- Telefonica in talks to sell O2 to BT - report