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P&O Ferries CEO Resigns Amid Controversial Layoffs and Losses

8/29/2025

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Summary

Story summary

Peter Hebblethwaite, CEO of P&O Ferries, is resigning to prioritize family after controversial layoffs of 786 workers in 2022.
His salary increased to £683,000, highlighting disparities with seafarers earning as low as £4.87 per hour.
P&O Ferries experienced a £91.4 million loss in 2023, an improvement from £249.4 million in 2022, despite a significant decline in passenger numbers.

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Story summary

Peter Hebblethwaite, CEO of P&O Ferries, is resigning to prioritize family after controversial layoffs of 786 workers in 2022.
His salary increased to £683,000, highlighting disparities with seafarers earning as low as £4.87 per hour.
P&O Ferries experienced a £91.4 million loss in 2023, an improvement from £249.4 million in 2022, despite a significant decline in passenger numbers.