The suspension of the Holt Complex, in Ontario, will continue for the foreseeable future and owner Kirkland Lake has said that it will offer severance packages to employees that it could not reassign within the organisation.
Of the total workforce of 475 people, Kirkland Lake was able to reassign 220 to new positions or offered them new roles within the organisation.
Where employees had been on an extended temporary layoff, CEO Tony Makuch said on Thursday that Kirkland Lake now believed that the best course of action was to provide severance packages.