Translink targets £20 million of costs savings as part of a Covid-19 Recovery Plan

DUE to the ongoing impact of Covid-19 and the resulting impact on revenues, Translink has carried out an internal review to reduce operating, overhead and management costs, targeting £20 million, whilst maintaining front line services.

A spokesperson said this review is a necessary step towards ensuring a sustainable public transport network to support communities, the environment and the economic recovery in Northern Ireland post Covid-19.

In addition, they are proposing withdrawing from the Ulsterbus Tours business due to the long-term impact of Covid-19 on the tours market.

Chris Conway, Translink’s Group Chief Executive, explained: “The Covid-19 economic impact has left public transport globally in a very challenging funding situation. Translink welcomes the response from the NI Executive and Department for Infrastructure with emergency Covid-19 funding, however it is important to recognise the impact that Covid-19 will have on revenues for some time to come.

“We are targeting savings of £20m and as such, we have had to make some very difficult decisions.

“We aim to reduce the impact to employees as far as possible and are committed to maintaining front line services.

“As a result, these changes will have a minimal impact on frontline operational employees’ jobs, who continue to deliver scheduled bus and train services. However, in driving improvements to internal processes, we anticipate it is likely there will be a number of redundancies in management and overhead functions.

“We will be starting a process of consultation with employees and trade unions over the coming days.

“Public transport will have a vital role to play in Northern Ireland’s green and responsible recovery and this review, alongside wider Government support will ensure we can deliver on this”, Chris concluded.

Leave a reply