News Digest Item
09 Mar 2017

Sources tell Handelsblatt E.ON to cut at least 1,000 jobs

Handelsblatt

E.ON will announce a record loss next week, reports Jürgen Flauger in Handelsblatt. Company sources told the business daily the net loss will exceed 12 billion euros. With the publication of yearly results, scheduled for next Wednesday, E.ON will also announce it is to reduce its total workforce of 43,000 by cutting at least 1,000 jobs, according to the report.

Read the report in German (behind paywall) here

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