Hydro Tasmania says 50 jobs will go in the next 12 months as the business begins a restructure of its operations.
Key points:
- Hydro Tasmania has announced it will shed 5 per cent of its workforce in the next 12 months, equivalent to 50 full-time jobs
- The energy company says it needs to adapt to changing market conditions
- Unions say they were not consulted by the business prior to the announcement
In a statement, Hydro chief executive Evangelista Albertini said the company needs to adapt to market conditions so it can be more productive and responsive to leverage advantages, which includes hydropower schemes and the potential to expand to include pumped hydro.
The company said it needs to focus on its “core business of generating clean and affo…
Read the full article at: https://www.abc.net.au/news/2021-03-10/hydro-tasmania-announces-restructure-job-losses/13235164