EMCC European Monitoring Centre on Change

Npower

Company/Organisation:
Npower

Geographic Location

Country: United Kingdom

Company

Sector: Utilities
Electricity, gas, steam and air conditioning supply
35.13 - Distribution of electricity
Number Employed: 5700
Group: E.ON Group

Employment Effects

Announcement Date: 29-11-2019
Planned Job Reductions min: 4500
Planned Job Reductions max: 4500
Type of Restructuring: Internal restructuring
Employment Effect Start: 29-11-2019
Direct Dismissals: 4500

Additional Information

Npower, the UK energy company will cut 4,500 jobs as its Germany-based owner E.ON has announced plans for restructuring. The exact number of cuts remains uncertain until negotiations with the trade unions are completed, but it is confirmed that jobs will be affected at three offices: in Houghton-le-Spring, Hull and Worcester. The restructuring is planned to start in the new year.

The CEO of E.ON said that the proposed restructuring was ’extremely painful’ but necessary to make the company profitable and added that negotiations with trade unions and employee representatives had already started. The GMB and Unison unions described the plans as a  cruel ’blow’ for employees and noted that the UK energy market was unstable.

Both npower and E.ON are among the UK’s six largest energy suppliers. Npower announced plans to cut 900 jobs in early 2019, before it was acquired by E.ON.