E.ON to cut 400 UK jobs
LONDON, Sept 16 (Reuters) - German utility E.ON (EONGn.DE) said on Tuesday it planned to cut 400 jobs in Britain.
E.ON said it would make the reductions in its UK energy services business, which connects homes and businesses to the power and gas networks, lights streets and installs energy efficiency measures in homes.
The business currently employs around 4,400 people.
The group said the division had been particularly hard hit by the downturn in the property market. It warned that it might have to make more cuts.
"Going forward, we can't rule out further announcements as we look to make our business leaner and more efficient, so we can make energy as affordable as possible for customers," E.ON UK Chief Executive Paul Golby said in a statement. (Editing by David Cowell) (Reporting by Philip Waller; philip.waller@thomsonreuters.com)
