UK's top energy supplier Centrica says cutting 4,000 jobs

| Feb 22, 2018, 14:07 IST
LONDON: Britain's biggest energy supplier Centrica said Thursday it would cut 4,000 jobs by 2020 after announcing a 17-percent drop in profits due to a loss of customers and poor performance in North America.

"We expected the new programme to involve reduction in like-for-like headcount of around 4,000 by 2020," the company, which employs around 33,000 people, said in a statement.

Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device. Read more World news in English and other languages.
RELATED

From the Web

More From The Times of India

From around the web

Take us along for the pleasant drive.

STATE FARM INSURANCE

Desi TV Anywhere, Anytime and Affordable

SLING INTERNATIONAL

Have you searched your name yet? (site reveals photos and ..

TruthFinder People Search Subscription

More from The Times of India

Jhanvi Kapoor shoots a dance number for ‘Dhadak’

Priya Prakash Varrier speaks on her viral video

Celebs, netas used cash at Nirav Modi stores, raid revealed

more from times of india News

ViewcommentsPost a comment

All Comments ()+

+
All CommentsYour Activity
Sort
Be the first one to review.
We have sent you a verification email. To verify, just follow the link in the message