BlueScope agrees with unions to cut jobs at Port Kembla

Thursday, 08 October 2015 16:01:06 (GMT+3)   |   Istanbul
       

Australian steelmaker BlueScope Steel has announced that it has reached a memorandum of agreement on its workforce structure and a new three-year enterprise agreement with unions and employees at Port Kembla.

BlueScope stated that the agreement is a significant and essential step to achieve the company’s $200 million cost reduction target.

According to the agreement, approximately 300 manufacturing jobs will be removed in wide-ranging restructuring and productivity reforms agreed under the mediation guidance of the unions. A further 200 support and service positions will also be eliminated. Unions also agreed a three-year wage freeze and new streamlined provisions for the introduction of workplace restructures.

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