London Underground maintenance firm calls on workers to volunteer for redundancy.

London Underground maintenance firm Metronet is to axe up to 300 jobs, it announced today.

Metronet has called on workers to volunteer for redundancy, and has pledged it will not make compulsory layoffs. It is understood that the losses will be mainly among administration staff, although 10 frontline jobs will also be axed.

Metronet said its decision was part of restructuring, and had the approval of London Underground. Metronet will now meet with union officials to discuss the changes.

Metronet maintains two-thirds of the Underground system, including the Victoria, Central, District and Circle lines. It employs a total of 5,000 staff.