SSE has confirmed that it will implement job cuts as part of an ongoing “efficiency review” across the company, including its renewables development unit. The review is designed to optimize the company’s operations following a period of sustained growth.
An SSE spokesperson explained the decision, stating, “After a period of sustained growth, we’re undertaking an efficiency review to ensure we continue to operate in the most efficient and effective way possible into the future. We have informed colleagues that this will unfortunately lead to reduced headcount in some parts of our business.”
The spokesperson added that the company is aware of the impact on staff and will work closely with trade unions while keeping employees updated throughout the process. “We understand this process will be difficult for our teams, and we’ll be consulting trade unions and keeping colleagues informed throughout.”
SSE Renewables Managing Director Stephen Wheeler has reportedly informed staff in a memo that a combination of rising supply chain costs, high interest rates, and falling market prices were factors contributing to the decision. The company is considering pausing or halting some projects due to these economic pressures.
The company is now in consultation regarding a proposal for 148 redundancies and will explore options for redeployment in a bid to minimize job losses, according to a report by The Times.
This move comes as SSE seeks to adjust to the current economic environment and ensure the long-term sustainability of its operations.
