These job cuts have impacted on associated industries. This month, engineering mining services firm Bradken cut 30 jobs at its Ipswich foundry in Queensland, and Golder Associates, which provides engineering and environmental services to key mining and resources projects, announced it will axe 150 jobs. Last month, mining services company Sandvik announced that it will close its Newcastle plant, slashing 26 jobs and axing 43 positions at its Heatherbrae assembly and distribution centre. Mining consultancy Coffey shed 150 positions after claiming 54 contracts, primarily in infrastructure in mining, oil and gas sectors, were delayed or cancelled over the past six weeks. In April, Coates Hire, Australia’s largest heavy equipment rental company, announced it was slashing 75 jobs after being hit by project deferrals and cancellations. Mining services firm Transfield Services also cut 113 jobs. Symptomatic of the retail crisis, Target clothing and household goods distributor announced plans this month to eliminate jobs across its operations, including 260 from its 1,000-strong workforce in Geelong. Jobs continue to be shed in the financial sector, with the ANZ Bank announcing this month that 70 positions will be axed at its Melbourne call centre. Since January this year, Australia’s big four banks, NBA, CBA, Westpac and ANZ, have shed 1,640 jobs.
Posted on: Wed, 04 Sep 2013 11:05:20 +0000