A man enters an npower facility in Solihull, Britain March 7, 2016. REUTERS/Darren Staples
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British energy supplier npower, a unit of Germany's RWE, said Tuesday it will axe 2,400 jobs after posting an annual loss on fierce competition, sliding sales and operational problems.The company announced in a statement, published alongside RWE's 2015 results, that it suffered an "extremely disappointing" performance and will shed about one fifth of its UK workforce in a new cost-cutting drive.The German group's two main businesses in Britain -- comprising npower and RWE Generation -- made a combined operating loss of £154 million.RWE npower employs a total of 11,500 people in Britain.
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