News / DFDS announces 650 redundances and divisional revamp in bid to cut costs

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Danish ferry operator DFDS announced yesterday that 650 jobs were set to be axed as part of DKr250m ($37.5m) cost-savings plan.

Two hundred staff based in Denmark would be among those let go, it added.

In a stock exchange statement, DFDS said the redundancies, along with the reorganisation of several of its operating divisions, would deliver DKr245m savings per year, although this year the savings would amount to DKr50-75m.

It said: “Industry sales of large freight customer solutions, involving both ferry and logistics ...