Friday, 07 December 2012 09:52
Equipment and machinery manufacturer Sandvik Mining’s is making 28 employees redundant at its Hunter Valley site at Heatherbrae, blaming a downturn in the coal industtry.
Sandvik Mining vice president for underground coal operations Frank Ryan said the job losses had been made after consultation with employees and unions.
Nine of the redundancies are voluntary and the remaining 19 are forced redundancies and some redeployment positions have been made available for employee consideration.
“It has been a case of small numbers across a number of Heatherbrae divisions, and accordingly, the effect on each department is relatively minor,” said Mr Ryan.
“Sandvik Mining’s action is a result of the recent downturn in the mining industry and in particular the coal market within Australia,” he said.
“Sandvik Mining Australia has approximately 2100 employees across 56 sites Australia wide and the redundancies in late November represent less than 3.5 per cent of our total workforce in this country.
“In addition, all Sandvik stakeholders can rest assured that any reductions will not compromise safety, customer service or productivity in any of Sandvik Mining’s operations.
“Globally and in Australia, Sandvik Mining will continue to invest in critical R&D.”
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