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Home » Shipping » Ferry company Stena Line to cut 950 jobs in Sweden due to virus

Ferry company Stena Line to cut 950 jobs in Sweden due to virus

PortandTerminal.com, March 16, 2020

Sweden’s Stena Line will lay off 950 employees as a consequence of the dramatic drop in passengers. More layoffs could be in store. 

STOCKHOLM, SWEDEN – Ferry company Stena Line will cut 950 jobs in Sweden as a result of the coronavirus outbreak and the travel restrictions imposed by several countries, the company said on Monday.

The company was experiencing a “drastic decline” in travel bookings as a result, with the worst effect experienced in Scandinavia, it said. “At present, it is estimated that passenger operations will not recover before the peak season in summer,” the company said in a statement.

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