Gujarat sheds 47 jobs

Jan. 17, 2014, 11 a.m.

Gujarat

Nearly 50 Gujarat NRE Coking Coal workers will walk out of the Illawarra mines for the last time today, leaving behind their jobs after a turbulent year.

Chairman Jasbir Singh announced 47 people had been offered a voluntary redundancy package, after the company announced it needed to restructure the workforce at Russell Vale and Wongawilli mines late last year.

The company originally planned to shed about 90 jobs, or 20 per cent of its workforce, due to high production costs, unstable global markets and delayed expansion approvals.

Over the last three to four months considerable effort has been directed to ensuring the mines remain operational and as many jobs as possible are maintained, Mr Singh said. said.

Arun Jagatramka and Jasbir Singh. Picture SYLVIA LIBER

While the primary aim of the voluntary redundancy scheme was to reduce manning by up to 90 positions, we will offer this to 47 workers who will finish their employment this week.

We will then look at the potential for workers to relocate between the two mines, taking into account the vacancies that have occurred in the last four months due to resignations and natural attrition.

It is believed the company will also pursue forced redundancies in the coming weeks.

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Gujarat sheds 47 jobs