WINNIPEG – Manitoba Hydro is cutting 900 positions from its workforce in an attempt to “improve operation efficiencies,” according to a media release sent Friday.
The crown corporation said the layoffs will begin in the next few weeks.
Manitoba Hydro is also reducing the size of its executive team by 30 per cent.
“Today’s announcement marks the first step in a process of significant transformation for Manitoba Hydro with changes in our executive leadership team and the realignment of our organisational structure,” Manitoba Hydro president, Kelvin Shepherd said.
“These changes are a necessary first step towards achieving cost reductions within Manitoba Hydro and positioning us to execute on our strategic priorities that we have identified as core to Hydro’s success. As a result, three members of Hydro’s vice president team will be leaving the company.”
The governing Tories have warned that public-sector wages are not sustainable. Crown Services Minister Ron Schuler has also been critical of the state of Manitoba Hydro’s finances, accusing the former NDP government of bankrupting the Crown.
Around 6,000 people work at Manitoba Hydro.