More jobs to go as mining company forced to make ‘difficult decisions’
Mining company Tungsten West is to cut more jobs, just weeks after announcing 42% of its workforce would be leaving.
It is reducing staff costs by 25% through redundancies, resignations, and reduced hours. The two rounds of job cuts will reduce the company from around 70 staff to 30.
Chief financial officer Nigel Widdowson is among those who will be leaving, and he has stepped down from the board with immediate effect after submitting his resignation.
The company is also in the process of agreeing deferred payment plans and r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
