Bus Eireann in crisis

摘要

Trade unions have called an indefinite strike at Ireland's state-owned Bus Eireann after the company began implementing a cost-cutting campaign that may lead to a drastic restructure of its loss-making Expressway long distance coach services. Losses are projected to exceed €8million (£6.9million) this year. Chief executive officer Martin Nolan has stepped down a year early, his place taken on an acting basis by Ray Hernan, former CEO of the Arnotts retail chain and one-time finance director of Ryanair.