Thames Water to cut 25% of jobs
September 6th, 2009 by alanson
The UK’s biggest water firm has announced plans to axe up to a quarter of its workforce as part of a major cost-cutting drive.
Thames Water plans to cut up to 300 jobs each year until 2010.
News of the cuts comes at a time when the German-owned firm is under fire for failing to hit leakage targets, despite profits rising 31% to £346.5m.
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September 6th, 2009 at 11:44 am
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