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Inexus work moving from Cardiff to Suffolk places jobs at risk | Inexus work moving from Cardiff to Suffolk places jobs at risk |
(35 minutes later) | |
A utilities company which employs 200 people in Cardiff is relocating part of its business to Suffolk. | A utilities company which employs 200 people in Cardiff is relocating part of its business to Suffolk. |
Inexus Services Limited, which only moved into Cardiff's new Capital Quarter in January, has warned of job losses. | |
The company installs gas, power and water infrastructure at new housing developments across the UK. | The company installs gas, power and water infrastructure at new housing developments across the UK. |
The decision has been blamed on a "restructuring" following a merger with Bury St Edmunds-based GTC. | The decision has been blamed on a "restructuring" following a merger with Bury St Edmunds-based GTC. |
It is proposed that between March and July next year all of Inexus' gas and electric connection and asset management activity, which is managed in Cardiff, will merge with GTC. | It is proposed that between March and July next year all of Inexus' gas and electric connection and asset management activity, which is managed in Cardiff, will merge with GTC. |
A spokesman said: "The proposals could result in job losses in the Cardiff region, however up to 60 new vacancies could be created elsewhere within the company". | A spokesman said: "The proposals could result in job losses in the Cardiff region, however up to 60 new vacancies could be created elsewhere within the company". |
The Metropolitan Infrastructure business, which provides low-carbon utilities for housing developments, will continue to operate from Cardiff. | The Metropolitan Infrastructure business, which provides low-carbon utilities for housing developments, will continue to operate from Cardiff. |
Staff have been told and consultations with representatives will start shortly. | Staff have been told and consultations with representatives will start shortly. |
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