Hydro Tasmania announces restructure of its operations, estimated 50 jobs to go

Hydro Tasmania announces 50 jobs will go in the next 12 months after the business began a restructure of its operations.

In a statement, Hydro chief executive Evangelista Albertini said the company needs to adapt to market conditions so it can be more productive and responsive to leverage advantages.

Hydro Tasmania has estimated around 5 per cent of its staff, approximately 50 full-time employee equivalents, will be cut over a 12-month period.

The energy business said where jobs are lost, “we will offer training and development to support them to transition to newly created, future-focused roles, as well as roles which become available through natural attrition where possible”.

Staff are being consulted about the process.

Hydro Tasmania…