200 jobs to go at Hastings Deering, focused in CQ

Hastings Deering workshops at Port Curtis, Rockhampton.
Hastings Deering workshops at Port Curtis, Rockhampton. Chris Ison

ROCKHAMPTON and Mackay will be hit in a job slashing exercise as Hastings Deering decides to cut 200 jobs Australia wide, focusing on these two CQ sites.

In a memo to staff, the company explains it is reviewing all branches, departments and functions across Australia.

"The immediate focus will be on the Mackay and Rockhampton operations," the memo states.

"We anticipate about five per cent of the Australian (Hastings Deering) workforce is likely to be affected. This represents about 200 employees across the business."

The memo stated it was anticipated all first-round consultations regarding potential redundancies will commence from Monday June 24.

A press release issued by the company yesterday states the decision was due to a slowdown in the Australian resources industry.

Hastings Deering in Mackay.
Hastings Deering in Mackay. Lee Constable

Hastings Deering announced over the next two weeks, the company will be consulting with employees regarding a reduction of about 200 staff members from workshop and support functions across the business.

The company's coal mining support operations in Mackay and Rockhampton (primarily servicing the resources industry) will mainly be affected, although other areas of the business will also be impacted.

In the past 12 months, the Australian resources industry has experienced a significant slowdown as a result of reduced demand for resources, lower commodity prices, falls in productivity and a significant reduction in capital expenditure.

"While the group remains optimistic about the long-term outlook, anticipated customer demand is not expected to increase in the near term," Mr Scott Cameron, Managing Director, says.

"In addition, competition to provide products and services into this sector has increased."

To date, Hastings Deering's response to the downturn has involved reducing recruiting activities, adapting the workforce through selective employment freezes, changing rosters, minimising contractors and implementing more stringent cost controls.

"Despite these initiatives, costs have continued to increase. As a result, the business needs to focus on further cost reductions and productivity improvements," Mr Cameron adds.

"We appreciate that redundancies in our workforce will be unsettling and appropriate support services will be provided."

Affected employees will be consulted and the company will review alternatives to facilitate redeployment to other roles where possible.

Topics:  business, hastings deering, job cuts, jobs, mining




Local Real Estate

finda logo
Featured Real Estate
Wandal Beauty $275,000
House 3 1 2
4 Bedrooms And Legal... $315,000
House 4 1 1
COOL COMFORTABLE LIVING... $389,000
House 3 2 2
Well Presented... $385,000
House 3 1 3

Featured Jobs

finda logo

Rockhampton jobs listed daily

Featured Jobs
Admin Officer... Yeppoon Full Time
KINSHIP PLACEMENT... West Rockhampton Full Time
Glenfords Tool Centre Rockhampton Full Time
Practice Business... Blackwater Part Time


Local Partners

LATEST DEALS AND OFFERS

Free Seed Packets

with token from today's paper
Learn More

Win PBR Tickets!

27 September Rockhampton
Learn More

View today's ePaper!

Read the digital edition
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Post an ad from $30
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Virgo

By being clear and decisive in what you want today, you will free up a lot more energy for the things you really yearn for in your spare time.

read more

Marketplace

Special Offers & Promotions

Compare & Save