200 jobs to go at two Hastings Deering sites

Mining equipment company Hastings Deering is cutting 200 jobs across its Rockhampton and Mackay sites, blaming the slowdown in the resources sector.

Mining equipment company Hastings Deering is cutting 200 jobs across its Rockhampton and Mackay sites, blaming the slowdown in the resources sector.

The ABC and others report that consultations with workers will take place over the next fortnight.

The Daily Mercury reports that a memo to staff said all functions, branches and departments across the country were being reviewed.

"We anticipate about five per cent of the Australian (Hastings Deering) workforce is likely to be affected,” said the memo, cited by the Mercury.

 “This represents about 200 employees across the business."

The Morning Bulletin reports that the jobs lost will likely be 100 each at Rockhampton and Mackay, and that the AMWU was in discussions with Hastings management, with the result of these discussions to be known on Monday.

"The Australian resources industry has experienced a significant slowdown as a result of reduced demand for resources, lower commodity prices, falls in productivity and a significant reduction in capital expenditure," managing director Scott Cameron told the Bulletin.

Image: HastingsDeering.com.au

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