3 févr. 2017 - MB Hydro Announces 900 Jobs to be Slashed

Description:

In a major restructuring move and a "necessary first step", Hydro announced it was reducing its workforce by 900 employees to get its finances under control.

This represented 15% of the corporation's overall workforce (~6,200 people at the time). 30% of jobs cut would come from executive positions.

MB Hydro president and CEO Kelvin Shepard said this would mean between $60 and $65 million in savings, but would still be followed by double-digit rate increases for at least 5 years.

https://www.hydro.mb.ca/corporate/news_media/news/2017-02-03-manitoba-hydro-announces-new-corporate-structure-and-executive-leadership-changes.shtml

http://www.cbc.ca/news/canada/manitoba/manitoba-hydro-reductions-1.3966055