Agence France-PresseNovember 14, 2013 04:17
RWE, Germany's second biggest power supplier, said Thursday it plans to axe a further 6,700 jobs by 2016 in the face of an anticipated steep drop in profitability.
RWE, which employs a total workforce of 67,300, has already ear-marked 10,000 jobs to be cut.
The new cuts will primarily be made in Germany, Britain and eastern Europe, a spokesman said.
ARD public television suggested on its website that 4,700 more jobs faced the chop in Germany alone.