EMCC European Monitoring Centre on Change

BHP Billiton

Company/Organisation:
BHP Billiton

Geographic Location

Country: World

Company

Sector: Mining / quarrying
Mining and quarrying
08 - Other mining and quarrying
Number Employed: 100000
Group: BHP Billiton

Employment Effects

Announcement Date: 20-01-2009
Planned Job Reductions min: 6000
Planned Job Reductions max: 6000
Type of Restructuring: Internal restructuring

Additional Information

Anglo-Australian mining company BHP Billiton announced plans to cut 6,000 jobs, or about 6% of its global work force. Jobs will be mainly lost in the company's Australian, Chilean and US operations. A company spokesman referred to the global economic crisis as the principal factor behind the job losses and specifically to the "unwinding of the mining boom" and the "slowing of the economy in China". 2,100 of the job losses in Australia will take place before June 2008.