BHP cuts 100 staff from iron ore business

BHP has laid off about 100 staff working its iron ore headquarters in Perth.

An iron ore loading facility at Port Hedland in WA

BHP Billiton has laid off about 100 staff from its iron ore division headquarters in Perth. (AAP)

Mining giant BHP Billiton has cut about 100 staff from its iron ore division headquarters in Perth.

Some of the workers affected were involved in projects that have wound down, and the company has also been reducing costs as part of a focus on improving productivity.

That focus has been brought on by falling commodity prices and high capital costs.

BHP is the world's largest diversified resources company and third largest iron ore producer for export.

A spokeswoman said BHP regularly reviews its iron ore business to ensure it operates as efficiently as possible.

"This includes reviewing the size and structure of our workforce to ensure it supports the delivery of our productivity agenda," she said.

"We have been open with our employees about the work being done to improve productivity."

BHP would assist those who have lost their job, and would seek to find them positions elsewhere in the business where possible, the spokeswoman said.


Share

1 min read

Published

Updated

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world