Redundancies Likely at Energy Firm

Isle of Man Energy says some of its staff are at risk of losing their jobs.

The company, formerly known as Manx Gas, says staff in Guernsey and the Isle of Man are at risk of redundancy.

CEO Jo Cox said: ‘These changes have resulted in eight roles that no longer align with our new structure and a number of colleagues are being placed ‘at risk’ of redundancy. It’s important to note that while we are losing roles in some areas, we will continue to hire in key strategic areas. Reviewing our organisational structure is part of our work to ensure that we can provide excellent service to our customers.

‘We know that this is a challenging time for our people who are impacted, and we are committed to working through the consultation period in the most thoughtful and transparent way possible. Re-investing in roles across the business that better align to our operating model is key and we will continue to do this.

‘There is no one single reason for our restructure. Rather it is part of our strategy to develop and evolve the business into a shape that is fit-for-purpose both now and in the future.’