Cruise credit crunch

It was only a matter of time before the global credit crunch impacted on the cruise industry. Last week leading cruise line RCCL announced that as part of its cost savings programme 400 shore-side jobs would go. With record fuel prices being paid by cruise lines there is only so much you can do to cut fuel consumption. So the axe had to fall on some of the company’s people. I wonder which line will be next in a major personnel culling exercise? Sphere: Related Content