Boart Longyear to slash 150 jobs

MINING and construction drilling major Boart Longyear will cut about 150 staff from its books in coming weeks in response to softening global business conditions, with job losses expected at the company’s manufacturing facilities in Salt Lake City in the United States, North Bay in Ontario, Canada, as well as its plant in Adelaide, Australia.

Boart Longyear to slash 150 jobs Boart Longyear to slash 150 jobs Boart Longyear to slash 150 jobs Boart Longyear to slash 150 jobs Boart Longyear to slash 150 jobs

Boart Longyear said it was also planning to cut capital spending by 50%, compared to 2008, and would reduce acquisition activity.

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