Scottish Power is set to cut 150 jobs from their Glasgow office just days before Christmas, with a further 150 workers being made redundant at their Liverpool location.
Scottish Power, which is owned by Spanish firm Iberdrola, posted profits of £925 million in the first six months of this year and paid chief executive Keith Anderson £1.35m last year.
However, the retail arm of the company, which supplies gas and electricity to almost five million households in the UK, has suffered a fall in profits, reports the Daily Record.