Uncategorized

Eastern axes staff

Issue 6 and Volume 7.

Eastern axes staff

UK power supplier Eastern Group is to cut the number of sales staff employed to take advantage of the deregulating domestic electricity and gas markets. It cited the high cost of doorstep selling as its main motive for cutting 500 jobs. The move will save the company £15m ($24.2m) this year. Eastern will look to expand its customer base in other ways, including joint ventures and acquisitions.