MANX Gas has confirmed that between 10 and 15 jobs are to go as part of a restructure of its operations.
Commercial director of parent company International Energy Group John Davies said the job losses will be across all levels of the workforce at Manx Gas in the island.
But he said a full statement would only be issued once the consultation with affected staff had been completed.
He said: ‘Manx Gas is currently undergoing a consultation following a company restructure to improve efficiencies.
‘It is expected that up to 15 jobs will be lost as a result of that restructure. As part of the consultation, and in order to keep staff informed at what is understandably a difficult time, we have held meetings to explain more about the consultation process. We are working closely with the staff and will be updating them at regular intervals. A full statement will be issued once the consultation has been completed and staff have been informed as their welfare is of utmost importance.’
The Isle of Man Examiner reported earlier this month that IEG was looking to axe about 50 jobs across its operations in the Isle of Man, Jersey and Guernsey.