Water Corp cuts 300 jobs

The Water Corporation is cutting 10 per cent of its workforce, with about 300 full-time jobs to go, as it reduces the amount of capital investment in new infrastructure.

The state-owned enterprise will start its first round of redundancies in the next few weeks.

Chief executive Sue Murphy said the decision was part of a rigorous organisation-wide review.

She said employees would receive redundancy packages and full support to assist them as they transition from the business.

In a statement, the Water Corp said while there remained a significant capital investment program, its predominant focus would become operations and maintenance.

"As it nears the end of a capital intensive phase of infrastructure investment and population growth slows, the workforce needs to change to match the services being provided," it said.

The redundancies will be rolled out over the next eight months.

The redundancy program is separate from the Water Corp's proposed sale of its in-house Engineering and Construction Services team to a private buyer.

The ECS team has about 150 staff.

The sale of that division, announced in Janaury, was also triggered by the wind-down of its capital investment activities.