Uniper spells out progress on job-cutting program
FILE PHOTO: The flag of Uniper SE flutters in front of the utility's firm headquarters previously used by German utility giant E.ON in Duesseldorf, Germany, June 8, 2016. REUTERS/Wolfgang Rattay/File Photo
FRANKFURT (Reuters) - German energy group Uniper
CFO Christopher Delbrueck gave details of progress after regional newspaper Rheinische Post earlier reported the figure of 2,000 job losses. The group has agreed the cuts with labor bosses via natural attrition, semi-retirement and severance packages.
"One thousand four hundred of those positions are already not filled today any more," Delbrueck said, adding that agreements had also been made for the 600 remaining jobs.
Most of the cuts will be made in Germany, the group said.
Uniper, the power plant and energy trading unit spun off by German utility E.ON
The company, which on Tuesday rejected a 8.05 billion euro takeover bid from Finnish peer Fortum
Uniper now has about 13,300 employees, of whom 4,700 are in Germany. ($1 = 0.8512 euros)
(Reporting by Maria Sheahan, Tom Kaeckenhoff and Christoph Steitz; Editing by Gopakumar Warrier and Keith Weir)
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