Severn Trent Water to axe 500 jobs
Five hundred jobs are being cut by the Coventry-based company Severn Trent Water.
The firm, which employs 6,000 people across the UK, said it was losing the roles from its management and support departments after merging its sewerage and water supply divisions.
It is unclear how many of the posts will go from its Coventry headquarters.
The firm said it would create up to 100 additional front-line roles and has no plans to make cuts in that area.
In a statement the company said it had first announced operational changes in August, and that it was "looking at its executive team structure".
It was now looking at "making efficiencies in its management structure", a spokesman said.
He said: "We are working in partnership with our recognised trade unions (Unison, GMB and Unite) with a joint ambition to strengthen the business and deliver against our commitments. We will work together to minimise the need for compulsory redundancies."
Severn Trent supplies water to almost eight million people in Wales and across the Midlands.
In June, the firm said plans to build food waste energy plants would "save Severn Trent a huge amount of money".
It announced plans to relocate from from its base in Sheldon, Birmingham, to Coventry in 2007, taking with it 1,700 secretarial, managerial and engineering jobs.