Thames jobs go as recession bites

January 2009
Utility Week;1/30/2009, Vol. 30 Issue 5, p42
Trade Publication
This article states that Thames Water is dismissing 300 office jobs in an effort to protect cashflow as revenues fall and the cost of borrowing and energy rise. Chief executive office David Owens said that the redundancies would be at all levels across most functions, though 70 roles in customer services will go as a result of the decline in the housing market. He explained that no front line or board level jobs are under threat and customer service and capital expenditure would be unaffected.


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