German energy giant RWE to cut 2,000 jobs: report

10th November 2010, Comments 0 comments

German energy company RWE is planning to cut 2,000 jobs at two subsidiaries as part of a restructuring plan, a newspaper in the western city of Essen reported on Wednesday.

RWE, Germany's number-two energy company, is due to release its third-quarter results on Thursday.

An RWE spokesman would not confirm the figures, but said it was looking at moving a certain number of older employees into part-time positions, WAZ newspaper reported.

The job losses would come at subsidiaries in Essen and Dortmund, the report said.

© 2010 AFP

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