The Confederation of Passenger Transport (CPT) is to undertake a review of its structure to take account of the crisis that the coach and bus industry is facing, both currently and into the future.
CPT expects to make a “small number” of redundancies as part of that process. It says the action has become necessary because of the financial pressures on both members and the Confederation itself that are likely to continue well into 2021.
CPT adds that forecasted subscription and commercial income for coming years will be significantly reduced. Opportunities to grow membership numbers over that period will also be limited. CPT has reaffirmed that it will leave its current base at Chancery Lane in London at the end of March 2021 and move to an alternative location in Central London.
The review will see CPT’s national policy and lobbying capacity bolstered, while at the same time introducing a streamlined structure across the English regions and Wales. It says that membership services will not be compromised by the reorganisation.
Consultation with affected staff is now underway. CPT will provide further information on the review of its structure in due course, but Chief Executive Graham Vidler will address the topic in a special column for routeone. It will be published on the routeone website on the morning of Thursday 13 August.