Energy firm npower ‘to axe 2,500 jobs’

Energy company npower is to reportedly axe more than a fifth of its workers. The Big Six supplier, which is owned by German energy giant RWE, is expected to cut […]

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By Priyanka Shrestha

Energy company npower is to reportedly axe more than a fifth of its workers.

The Big Six supplier, which is owned by German energy giant RWE, is expected to cut up to 2,500 jobs from its 11,500-strong workforce.

npower has not made any official comment yet.

The energy firm has come under fire for having the “worst customer service” in the industry and was ordered to pay £26 million by Ofgem last December for sending out inaccurate bills and failing to treat customers fairly.

It also announced a 65% fall in profits last August when it lost 300,000 customers.

Last month npower announced a 5.2% cut in its gas prices, which will come into effect on 28th March.

The latest news comes days before UK’s competition watchdog unveils plans to make the energy market more transparent for consumers.