Coal miner New Hope has flagged a next round of redundancies as the stasis around the approval of its New Acland Stage 3 operation, in Queensland, continues.
The miner on Wednesday announced that 14% of its corporate staff have been made redundant while 15% of the workforce at its port facility, Queensland Bulk Handling (QBH), would also be made redundant, while workers at the New Acland mine site awaited a decision on the next round of redundancies.
New Hope noted that the remaining workers at its corporate office would move to a nine-day fortnight and would take a 10% reduction in pay, starting from July 1, while the logistics team members at QBH would take a near 30% decrease in salary.
CEO Shane Stephan said that the cuts would affect more than 150 staff members.