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.