March 16, 2020 / 12:45 PM / in 15 days

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

OSLO, March 16 (Reuters) - 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. (Reporting by Gwladys Fouche; Editing by Alex Richardson)

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