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Axing of Up to 80 Stena Staff after Internal Review Finds Current Set-Up ‘Too Big and Expensive’

5th November 2024
Stena made the announcement of redundancies in an internal email, which will mainly affect up to 80 shore-staff as the company said they were facing “challenging times.
Stena made the announcement of redundancies in an internal email, which will mainly affect up to 80 shore-staff as the company said they were facing “challenging times." Above the cruise-ferry Stena Vision, as Afloat reported last month, was withdrawn from the Rosslare-Cherbourg route, following a strategic review. Credit: Stena Line

Stena Line, the largest ferry operator on the Irish Sea, is set to axe up to 80 of its staff following an internal review.

This review found the passenger and freight company’s current set-up was “too big and expensive” in relation to its revenue.

Its CEO, Paul Grant, had announced by email on Monday the redundancies to all staff, in which it said the business was launching a programme to “future proof the company”.

In the review carried out by the Swedish owned operator focused on how to secure its core business and use its resources effectively.

The Belfast Telegraph has more on the staff cuts.

Stena's ferry network also includes Ireland-France (see story), the North Sea, Scandinavia, and for the first time outside Europe, following a 49% shareholding acquisition of AML operating to Africa between Spain and Morocco

Published in Stena Line
Jehan Ashmore

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

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About Stena Line

Stena Line is one of Europe's leading ferry companies with 37 vessels and 17 routes in Northern Europe operating 25,000 sailings each year. Stena Line is an important part of the European logistics network and develops new intermodal freight solutions by combining transport by rail, road and sea. Stena Line also plays an important role for tourism in Europe with its extensive passenger operations. The company is family-owned, was founded in 1962 and is headquartered in Gothenburg. Stena Line has 4,300 employees and an annual turnover of 14 billion SEK.