Anglo Coal Australia will cut 650 employees from its operations in the coming weeks.
Company communications specialist Jacqui Strambi told MINING DAILY the job cuts were the result of an organisational and workforce review targeting a 20% reduction in labour and contractor costs across Anglo Coal Australia (ACA) operations in Queensland and New South Wales.
“The focus of the review has been to streamline the business, consolidate shared services and eliminate duplication of effort,” Anglo Coal’s chief executive officer Seamus French said in a statement.
“Every effort has been made to retain our talent, however, despite these measures there will be non voluntary redundancies for 120 employees across the company’s operations — 3% of ACA’s total workforce.”
More than 470 contractors will also be asked to leave along with 60 voluntary redundancies accepted by employees.