Meridian ends billing software project in favour of Kraken
More than 50 jobs axed as Flux Federation platform winds down.
Kraken is a unit of UK-based Octopus Energy Group.
Electricity generator and retailer Meridian has abandoned its in-house retail billing platform Flux in favour of the Kraken platform provided by UK-based Octopus Energy Group.
In a statement to the NZX Meridian said 53 jobs would go at Flux, reducing its workforce from 121 to 68.
Remaining staff
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