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GLEN Glencore Plc

475.00
2.15 (0.45%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Glencore Plc LSE:GLEN London Ordinary Share JE00B4T3BW64 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.15 0.45% 475.00 474.10 474.20 474.85 470.00 474.10 67,468,927 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmetallic Mineral Pds, Nec 217.83B 4.28B 0.3508 13.52 57.86B

Glencore Announces Job Cuts at Australia Coal Mine

15/10/2018 10:32am

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Glencore (LSE:GLEN)
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   By Carlo Martuscelli 
 

Glencore PLC (GLEN.LN) said Monday that it will cut around 430 jobs at its operations at the Hail Creek coal mine in Australia.

The layoffs are the result of proposed changes to improve efficiency and productivity, the company said. It expects the reconfigurations to come into effect over the course of the next year and half, with the majority in place by the second quarter of 2019.

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

October 15, 2018 05:17 ET (09:17 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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