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Welsh Water to cut 360 jobs over the next five years | Welsh Water to cut 360 jobs over the next five years |
(about 3 hours later) | |
Welsh Water is to cut 360 jobs over the next five years, it has announced. | Welsh Water is to cut 360 jobs over the next five years, it has announced. |
It is planning cuts of £56m as part of a £1.7bn restructuring programme running until 2020, with post closures up to that point. | It is planning cuts of £56m as part of a £1.7bn restructuring programme running until 2020, with post closures up to that point. |
Welsh Water currently employs 3,000 people in Wales and Hereford. | Welsh Water currently employs 3,000 people in Wales and Hereford. |
Ken Baker of the GMB union told BBC Wales: "In fairness to the company, this is down to (industry regulator) Ofwat, rather than what the company would have wanted to do." | Ken Baker of the GMB union told BBC Wales: "In fairness to the company, this is down to (industry regulator) Ofwat, rather than what the company would have wanted to do." |
He said he hoped most of the job losses could be through "natural means" rather than redundancies. | He said he hoped most of the job losses could be through "natural means" rather than redundancies. |
A spokesman for Welsh Water said the aim was to achieve the reduction in staff through selective voluntary redundancy, retirements and not filling vacancies. | A spokesman for Welsh Water said the aim was to achieve the reduction in staff through selective voluntary redundancy, retirements and not filling vacancies. |
He added: "Despite challenging efficiency targets, we are confident that we will see further improvements to the services we provide our customers and that we will also reduce customer bills by 5% in real terms between 2015 and 2020." | He added: "Despite challenging efficiency targets, we are confident that we will see further improvements to the services we provide our customers and that we will also reduce customer bills by 5% in real terms between 2015 and 2020." |
A spokesman for Ofwat said: "We challenged Dwr Cymru (Welsh Water) to listen and respond to its customers' priorities. They did that. Customers said they wanted bills kept down, while improving service. | |
"How Dwr Cymru sets itself up to do that is a matter for the company. We are here to make sure customers get a fair deal." |