Mass redundancies at P&O highlight devastation wreaked by Covid on travel industry

Susannah Streeter

17 March 2022 – Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’The shock announcement of mass redundancies at P&O, as the company struggles with deep losses is another reminder of the devastation Covid has wreaked on the travel industry. From airlines to cruise companies, hotel chains to tour operators, it’s been a hugely challenging two years, with many companies faced with taking on a huge burden of extra debt to try and stay in business.

P&O...

https://allaboutshipping.co.uk/2022/03/17/mass-redundancies-at-po-highlight-devastation-wreaked-by-covid-on-travel-industry/

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