OVO Energy, which bought the household supply business of SSE for £500m just months ago, has announced plans to slash 2,600 jobs
OVO became one of the so-called 'big six' companies when it bought the household supply business of SSEOVO Energy, which bought the household supply business of SSE for £500m just months ago, has announced plans to slash 2,600 jobs.
The company said its integration plans, including a drive for digital and investment in a zero carbon future, had been accelerated by theOVO said it had initially expected the moulding of the two companies to have taken a number of years but it hoped to achieve the cuts through volunteers though it could not rule out compulsory redundancies.
Research by price comparison site Uswitch suggested home energy deals had fallen to their lowest since the summer of 2018., the company will remove complexities and duplication by combining SSE Energy Services and OVO's home services, lettings business, metering, commercial efforts and support functions.
"It will continue to digitise legacy SSE processes and move the business onto a common set of systems to meet the demands of an increasingly digital consumer and a more agile workforce.
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