SS 40 to 50 senior exs for RIO out the door - google it.
happened in the 90,s as well close down on production git rid of workers then re hire at a lower rate.
barminco also laying off workers then re hiring. mate its natural here in the west where you work and i live, construction mining projects just about done moving into production phase.
wages will be cut by way of closing then re opening and re hiring standard bussiness.
yes agre with too many kiwis and irish and backpackers offering 10k just to get hired. the construction boom is done here.
today is a smash across the board - things are re adjusting world wide.
good luck all and to you SS dont worry i am not, staying the course.
lynas cost of prpduction sub $12/kg, page-62
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