Business

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




Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

GALLERY: Rocky, what's your beef?

Edwin Christensen and Fabrizio Piasco from Tall Poppy Catering at the Wholly Cow What's Your Beef event. Photo Michelle Gately / Morning Bulletin

Hundreds of people get a taste for the region's beef at Wholly Cow

Rocky region demands a Fair Go for health services

Smoking, drinking, bad diets are killing us faster than in Brisbane

Rocky firies are taking up the call in Cambodia

Leading Firefighters for Aviation Rescue firefighting Rockhampton Jean Hancock and Brad Byrnes Photo Trinette Stevens / Morning Bulletin

Brad and Jean will build houses for those in need

Latest deals and offers

Berserker siege

Siege situation at Berserker. Photo Allan Reinikka / The Morning Bulletin

Berserker siege

The 75 Baralaba Families Action Committee spokesperson Conrad Russo

The 75 Baralaba Families Action Committee spokesperson Conrad Russo

The 75 Baralaba Families Action Committee spokesperson Conrad Russo talks about the...

Man barricaded in house in Berserker

A man has barricaded himself in a house in Berserker and has threatened to burn...

Real estate agent says new developments push area forward

ON THE UPSIDE: Shae O’Reilly says the Capricorn Coast and the wider region has plenty of projects going on while we wait for an outcome on Great Keppel Island.

"sentiment can’t hang its hat on one setback for one project"

Real estate reveals Rocky's rising suburbs

Pat O'Driscoll Real Estate sales consultant Talitha Dodson Photo: Contributed

Talitha Dodson says it’s not all doom and gloom

Demand for acreage lots pushes up property prices

Property values in Cooroy have increased 25%

Property values jump in Cooroy and Peachester.