Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Utilities
Water Supply; Sewerage, Waste Management And Remediation Activities
Water Collection, Treatment And Supply
36 - Water collection, treatment and supply

200 jobs
Number of planned job losses
Job loss
Announcement Date
14 December 2004
Employment effect (start)
Foreseen end date
14 December 2007

Description

United Utilities announced that it is seeking to reduce its workforce by about 200 before end 2007 as part of its drive to cut costs.

The water and energy group said it would seek additional savings by using fewer temporary staff.

It is aiming to achieve the cuts in its 4,600-strong workforce through voluntary redundancy, and said it would accept the recent final price determinations by regulators Ofgem and Ofwat.


Sources

  • 15 December 2004: The Guardian

Citation

Eurofound (2004), United Utilities, Internal restructuring in United Kingdom, factsheet number 60889, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60889.