PanAust slashes jobs

AS COPPER hit a new 5.5-year low today, PanAust announced it had axed nearly 5% of its workforce and warned of further reductions.

PanAust slashes jobs PanAust slashes jobs PanAust slashes jobs PanAust slashes jobs PanAust slashes jobs

The company cut 182 jobs as part of a business efficiency review which it said would result in savings of around $US15.5 million ($A19.1 million) annually.

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