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29/05/2014
120 Jobs Threatened At NIE
Around 120 workers at Northern Ireland Electricity are in danger of losing their jobs, after the power provider announced it was introducing a voluntary redundancy scheme.
NIE said the move was part of cost-cutting measures within the company. The aim is to reduce staff numbers by 10% in order to compensate for "a significant reduction in its operating cost allowances under the recent price control determination."
The electricity provider, however, said that there would be no compulsory redundancies.
The scheme is currently being discussed with staff and unions.
(IT)
NIE said the move was part of cost-cutting measures within the company. The aim is to reduce staff numbers by 10% in order to compensate for "a significant reduction in its operating cost allowances under the recent price control determination."
The electricity provider, however, said that there would be no compulsory redundancies.
The scheme is currently being discussed with staff and unions.
(IT)
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