About 100 Hastings Deering jobs to be axed

HASTINGS Deering has announced a further reduction in its workforce by about 100 jobs.

Managing director Dean Mehmet said it was unfortunate the company had to reduce employee numbers at its central Queensland and south-east operations.

"Hastings Deering will reduce its workforce by approximately 100 roles and consultation has started with employees, contractors and their representatives," he said.

"As one of the biggest employers in Mackay and Rockhampton, the company considers reducing employee numbers as an absolute last resort.

"We think about the impact on every single person and we do everything we can to keep as many people as possible employed at Hastings Deering."

Mackay Chamber of Commerce chairman Tim Miles said it was unfortunate, but a sign of the times.

"I'd encourage them (people being made redundant) by not getting too disheartened, it's not their fault, it's the economy," he said.

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"If they get on the front foot and be proactive in finding the next opportunity for themselves, while one door shuts another one opens.

"There are opportunities out there; they just need to be knocking the doors down."

Mr Mehmet said the mining industry continued to face challenging market conditions including low commodity prices.

He said to ensure long-term viability of the business there would be a maintained focus on market competitiveness.

"Many of our customers are running leaner operations and have asked us to re-tender for work, in every case, at significantly reduced prices," he said.

"It has never been more critical to meet the market head on and remain a secure, sustainable and competitive operation.



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