Hydro Tasmania’s consulting business Entura is to axe up to 40 jobs.
The state-owned company employs about 280 staff in offices in Australia, Asia and Africa, who consult on renewable energy projects.
Entura posted a modest profit last financial year and has blamed the 30 to 40 job cuts on a severe contraction in Australia’s engineering consulting market.
Hydro Tasmania posted a before-tax loss of almost $250 million last financial year, a week after promoting its biggest ever pre-tax operating profit.
Live News
Beyond Hollywood: NSW towns are stocking up as Mad Max prequel Furiosa is about to hit the road
Boris Johnson says nobody told him lockdown party was illegal
Child’s body found in barrel, man charged
Five things you can do to help reduce your COVID anxiety
‘Put an end to this’: George Christensen sparks more outrage over anti-vaccine comments
Michael Pascoe: What if Omicron bedlam is not a cockup but intentional?
