South-west utilities provider Wessex Water will slash up to 200 staff from its workforce by the end of the year, with the majority of cuts to be made in its engineering and construction division.
The company today said the decision was a result of “the economic climate”, claiming it witnessed a drop in the needs of its future investment programme and, as a result, it had significantly reduced new development.
It added: “Although it will affect all parts of the business the greatest impact will be in Wessex Engineering and Construction Services.”
Wessex Water, which is one of 10 water and sewerage companies in England and Wales, currently employs around 2,500 people.
Head of human resources Alan Morgan said: “It is regrettable that we have had to make this decision, but unfortunately we are running out of work in some areas of our business.”
The redundancies will be throughout the area Wessex Water serves which includes Dorset, Somerset, Bristol, most of Wiltshire and parts of Gloucestershire and Hampshire.
Wessex Water has started a consultation process with employees and unions in a bid to find ways of moving staff to other areas of the business.
The water supplier said it hoped to achieve many of the cuts by reviewing the use of contract and agency staff and through normal staff turnover.