Home Business News ‘Big six’ energy firm slashing 500 UK jobs

‘Big six’ energy firm slashing 500 UK jobs

by Purvai Dua
1st Aug 18 11:56 am

Energy provder E.ON has announced plan to cut around 500 jobs across its UK operations as part of a long-term transformation plan.

The ‘big six’ energy supplier said it was looking to reduce staff numbers across its non-customer facing departments as part of a mid-term plan to save around £100m.

“We’ve undertaken a rigorous review of our options to ensure we keep costs as low as possible, become a more agile organisation and remain a sustainable business in the UK,” said Michael Lewis, chief executive of E.ON UK.

E.ON also said there are “numerous challenges” in the energy market, including a UK government-imposed cap on the most common form of gas and electricity tariffs for millions of British households.

Germany’s E.ON employs more than 9,400 people in Britain.

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