German energy giant E.ON to slash 9000 jobs

Unions warn that restructuring efforts at E.ON will result in thousands of jobs cut worldwide. Around 4,000 jobs are to go in Germany alone. The company reported an 18 percent first-quarter profit increase

Officials of the Ver.di union have said that Germany's biggest power company, E.ON, plans to slash 9,000 jobs as a part of efforts to restructure the company.

Sven Berglin of Ver.di, himself a member of E.ON's supervisory board said the cuts would affect 6,000 jobs in Europe and another 3,000 worldwide.


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