Fortescue rejigs rosters and jobs may go
Tuesday, April 14, 2015 02:22 am CT
Fortescue Metals has restructured its rosters to urgently cut costs in a sign it may axe hundreds of jobs because of plunging iron ore prices. Fortescue's announcement added to fears about its viability unless iron ore prices improve and the belief that a domino effect has begun among the struggling miners in Western Australia's Pilbara region. Atlas Iron was the first to fall in shutting its ......
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