CAPITAL MARKETS

Orica to shed 280 jobs

THE world's number one explosives maker, Orica Ltd, said today 280 staff would lose their jobs due to changes at its Melbourne head office as the company steps up attempts to reverse its decline in performance.

Greg Tubby
Orica to shed 280 jobs

However, the major benefits of the cost reductions are not expected to be seen until the second half of the 2002 financial year. The changes will add $70 million to the company's significant loss items...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.