In the News

Australia / Mining / Newcrest axes jobs

Australia’s mining sector is facing more job losses and a halt on investment after Newcrest Mining flagged cuts to its workforce.

After last week’s dramas when the gold price plummeted at record rates to two-year lows, Newcrest revealed a sharp nearly one-third jump in its costs from a year ago.

The company, Australia’s largest goldminer and among the 20 biggest on the share market, would be stingy from now on, chief executive Greg Robinson told analysts.

It cut 150 jobs in March, mostly from its Brisbane and Melbourne offices as it halted exploration, scoping studies and growth.

“We will be looking carefully at head counts,” he said, flagging more cuts.

“We will be doing everything we can around contracts with our major suppliers … re-negotiating them on an annual basis.”

Chosen excerpts by Job Market Monitor

Capture d’écran 2013-04-23 à 07.57.25

via Newcrest axes jobs as sector faces cuts.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: