Northern Ireland Electricity to cut workforce by 120 'to reduce operating costs'
Northern Ireland Electricity is to cut its workforce by 120 - reducing staff numbers by around 10%.
The provider, responsible for the running of Northern Ireland's power grid, announced a voluntary redundancy scheme as part of plans to make "significant reductions" in operating costs.
NIE currently employs some 1,200 staff.
A spokesman for NIE said there would be "no compulsory redundancies".
"NIE is introducing a voluntary selective redundancy scheme with the aim of reducing staff numbers by 10% (approximately 120 employees)," he said.
"The scheme is being introduced in response to a significant reduction in its operating cost allowances under the recent price control determination.
"NIE is discussing the scheme with staff and unions."
Belfast Telegraph Digital