SSE Plans to Cut 444 Jobs as Smart Meter Demand Falters -Union
May 08 2019 - 7:19AM
Dow Jones News
By Adam Clark
SSE PLC (SSE.LN) plans to eliminate 444 jobs as the energy
supplier struggles with slow takeup of smart meters, according to
the Unite union.
Unite said Wednesday the plans were "disappointing, but not
unexpected" after demand for smart meters failed to reach expected
levels. The U.K. government has targeted offering a smart meter to
every household in the country by 2020.
SSE said in an emailed statement that it doesn't intend to make
any compulsory redundancies and it was offering voluntary
redundancies for some of its customer service and metering
teams.
"Like a number of suppliers, we are facing challenges due to
competition increasing, the introduction of the energy price cap
and higher operating costs. To run a sustainable business, we need
to become more efficient and ensure we have the right number of
employees in the right locations to best serve our customers," SSE
Chief Operating Officer Tony Keeling said.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
May 08, 2019 08:04 ET (12:04 GMT)
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