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Centrica
Centrica (owner of British Gas) – To cut 6,000 jobs
The owner of British Gas has announced 6,000 job cuts over the next five years following a far-reaching strategic review, despite making £1 billion in profits. The results of the six-month review come as Centrica recorded a 44 per cent rise in profits at British Gas to £565 million. Chosen excerpts by Job Market Monitor. Read … Continue reading
Centrica, British Gas Parent, Cuts 2,300 Jobs – International Business Times
Centrica, parent company of British Gas, slashed 2,300 jobs to save £500 million ($784.9 million) on the heels of disappointing profits brought by a mild winter that cut household energy consumption. The utility saw a 30 percent drop in annual operating profit at British Gas to $819.5 million, or $78.58 per household, after winter arrived with … Continue reading
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