Jobs jolt at energy firm Eon as firm cuts 450 retail roles

Energy firm Eon is to axe 450 jobs as part of a cost-cutting exercise.

The company announced that redundancies will affect its retail division across the country, including its main offices in Nottinghamshire and Coventry.

Paul Golby, chief executive of Eon UK, said: “These redundancies are part of an ongoing process that we started last year to ensure that we have a sustainable retail business in the UK, especially considering that we’ve now made a loss in retail for two years in a row.”

Meanwhile Ernst & Young, the administrator for music retailer Zavvi, said another 15 stores would close immediately with loss of 295 jobs.

The former Virgin Megastore chain went into administration on Christmas Eve and has now closed 55 of its 103 UK outlets, with the loss of 826 jobs.

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