Npower to cut up to 4,500 jobs as part of restructuring plan

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Proposal could result in closure of most of energy company’s sites in UK

The energy giant npower is to cut up to 4,500 jobs as part of a major cost-cutting drive that could result in it closing most of its sites in the UK.

The company said the two-year restructuring plan would cost £500m and by 2022 would produce £100m in profits for npower’s German owner, E.ON.

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