Industry seeking thousands of redundancies across Great Britain after fall in passengers due to Covid
Train operators, Network Rail and unions have agreed to talks over cutting rail services and axing thousands of jobs to save the industry up to £2bn a year as it plans for a post-Covid future of fewer passengers.
Under a framework agreement signed by the four main transport unions and rail employers, voluntary redundancies will be sought throughout the railway to close the funding gap from an 80% decline in passenger revenue since the start of the pandemic.
