Job fears for npower staff, with ownership transferring to E.ON - News Summed Up

Job fears for npower staff, with ownership transferring to E.ON


Questions had been raised about 6,400 UK employees when SSE merger fell throughConcerns have been raised over job losses at npower after staff were told the ownership of the big six energy supplier will be transferred to the German energy giant E.ON. However, it has emerged that npower will end up at E.ON, which poses a headache for E.ON because it already has a UK business supplying energy to households and businesses under the E.ON brand. Npower staff were told a few days before Christmas that they would be working for E.ON when the asset swap completes next year, several sources at npower said. Employees were informed that the company was joining the wider process of integration between Innogy units and E.ON. While no decisions have been made, insiders think it is likely that in the short-term the npower brand will remain rather than vanish overnight once E.ON takes ownership.


Source: The Guardian December 28, 2018 12:52 UTC



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