📢 Big News from Welsh Water! 🚰
Welsh Water is gearing up for a major overhaul with plans to cut 500 jobs in the next 18-24 months. This not-for-profit company, owned by Glas Cymru, is set to trim its workforce by 12%, aiming to enhance frontline services and boost efficiency behind the scenes. 💼
The company is striving to achieve these cuts through voluntary redundancies, promising to handle this significant transformation with care and transparency. The focus remains on investing in customer service, environmental improvements, and robust network investments. 🌍💧
With the pressure to keep costs low as water bills rise, Welsh Water is assessing its entire cost base to ensure every pound spent benefits the customers. Earlier this year, water bills jumped from £503 to £639 on average, and predictions suggest this trend might continue till 2030. 📈
This move comes in the wake of the water industry’s recent challenges, including credit rating downgrades and a hefty fine for breaches of environmental permits. Yet, Welsh Water remains committed to investing in its services and infrastructure while keeping its financial resilience intact. ⚙️
Outgoing CEO Pete Perry assures customers that adapting to these changes is crucial. He emphasises that Welsh Water is dedicated to prioritising voluntary exits, retraining, and supporting affected colleagues through this period of change. 🤝
Exciting times await as Roch Cheroux, formerly of Sydney Water, prepares to take over the reins next spring. 🌟
Stay updated for more! 📰