Billionaire Andrew Forrest’s mining company, Fortescue, will slash 700 jobs globally and merge its metals and energy divisions.
Despite this, Fortescue is resolute in its goal to be the world’s leading green technology, energy, and metals company.
In a statement to the market, Fortescue said it needs to continually evolve to deliver on its strategy and maximize shareholder value.
“As part of this, approximately 700 people from across Fortescue’s global operations will be offered redundancies, with that process to be finalised by the end of July 2024. Fortescue is grateful for the contribution of all those impacted by the changes,” Fortescue said....
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