Water company has announced plans to axe up to 140 jobs, says union

  • 📰 Glasgow_Times
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The GMB said Thames Water told the union at a meeting on Thursday that it is to start consulting on up to 140 redundancies.

GMB national officer Gary Carter said: “In the 40 years since privatisation we’ve seen virtually no investment, systematic asset stripping and billions of public money drained from the system to fill already bulging shareholder and fat cat coffers.“GMB will fight to minimise any compulsory redundancies and make sure our members get every penny they are due.”

“We need to make more difficult but necessary decisions to ensure we continue to deliver to our budgets. “This means we are consulting on a proposal which could lead to the potential loss of around 300 roles.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 76. in BUSİNESS

Business Business Latest News, Business Business Headlines