News

Centrica issues staff with advanced notice of redundancy

15 July 2020

Centrica has issued advance notice of redundancy to all its staff in the UK.

 

The news will affect around 5,000 Centrica employees.

Sue Ferns, senior deputy general secretary, said:

 “Retail energy businesses face extreme financial pressure at the moment but this will still be a shock to Centrica’s dedicated workforce.

“The Company has issued advance notice of redundancy to all staff and recognised unions. While it states that it hopes to agree change, this threatens to impose lower employment conditions on all staff if they do not agree – this is an extreme step.

“Prospect aims to negotiate the best future for its members, other Centrica staff and the business.

“Prospect believes that the twin pressures of COVID-19 and the retail price cap are forcing change on all energy businesses with the financial burden falling on staff. Prospect wrote to Ofgem asking for the price cap to be adjusted to mitigate short-term financial pressure on companies. With job losses coming through it is even more important that Ofgem take urgent action to mitigate the financial impact of COVID-19 and safeguard jobs.”