Latest Rail News

04.04.14

Centro cuts 89 jobs to balance the budget

Centro is to cut its workforce by a quarter in an effort to save £7m from this year’s budget.

The West Midlands transport authority has confirmed that a “major restructure” of the workforce was voted through by councillors earlier this week.

Prior to the vote, Centro had explored numerous ways, including scrapping half-price fares for children and free tram and train travel for concessionary pass holders, to make the savings, but it will now see its staff shrink from 364 to 275.

Cllr John McNicholas, Centro’s chairman, said: “Balancing the budget has proved extremely difficult but our priority throughout has been to protect passengers as far as possible.

“It is a tough situation we find ourselves in but one that is a direct result of the unprecedented cuts being imposed on local government.”

On top of the £3m cut in operational and staffing costs for 2014/15, a further £4m is being found through a streamlining of bus station and infrastructure maintenance, changes to subsidised bus access standards, measures to reduce financing costs and a reduction in the Ring and Ride grant.

Mark Langford, a Centro spokesman, told RTM: “The job losses will be made across the board, but a number of these include retirements and staff not being replaced when they leave.

“This process has been gradual and ongoing since the start of the year. We are pretty sure that this will not have an impact on front-line services.”

However, the £7m total savings for this year means that through on-going staffing restructures and other efficiencies, Centro will have reduced its operational and staffing costs from £27m in 2010 to just £15m in 2014/15 – a cut of nearly 45%.

(Image of Centro HQ: Andy Mabbett)

Tell us what you think – have your say below or email opinion@railtechnologymagazine.com

Comments

There are no comments. Why not be the first?

Add your comment

 

related

Rail industry Focus

View all News

Comment

The challenge of completing Crossrail

05/07/2019The challenge of completing Crossrail

With a new plan now in place to deliver Crossrail, Hedley Ayres, National Audit Office manager, major projects and programmes, takes a look at ho... more >
Preparing the industry to deliver trains for the future

04/07/2019Preparing the industry to deliver trains for the future

The move to decarbonise the rail network involves shifting to cleaner modes of traction by 2050. David Clarke, technical director at the Railway ... more >

'the sleepers' blog

Maximising efficiency requires investment in data, but it’s rewards for rail could be extensive

14/11/2019Maximising efficiency requires investment in data, but it’s rewards for rail could be extensive

Rail Technology Magazine’s Matt Roberts explains the significant role data can play within the future development of the rail industry. Standing as a cornerstone of the UK transport network, the rail industry is forever striving to in... more >
read more blog posts from 'the sleeper' >

Interviews

Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

24/06/2019Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

Andrew Haines, the Chief Executive of Network Rail, has told the Today programme on Radio 4's BBC’s flagship news programme that he would not rule out his organisation issuing future r... more >
Advancing the rail industry with management degree apprenticeships

08/05/2019Advancing the rail industry with management degree apprenticeships

In answering the pressing questions of how current and future generations of managers can provide solutions to high-profile infrastructure projects across the UK, Pearson Business School, part of... more >