On Wednesday, BHP escalated its campaign by blaming “unsustainable” royalties and market conditions for its decision with its joint venture partner, Mitsubishi, to suspend operations at its Saraji South coalmine in the Bowen Basin, and slash 750... — read more 

In April, Opthea revealed that it would be reducing its headcount by 65% as it reels from two discontinued Phase III studies, but on Aug. 18, the Australian biotech revealed that the cuts would be steeper, affecting more than 80% of its employees... — read more 

Samsung Electronics Co. is laying off workers in Southeast Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs, according to people familiar with the situation. The layoffs could affect about 10% of... — read more 

In a statement released this week, the company said: “SunDrive has undertaken a strategic review of its business to prepare the company for its next phase of commercialisation and sharpen its focus on where we see the greatest opportunity, solar... — read more 

Arcadium Lithium on Wednesday joined a growing list of producers reviewing lithium operations in Australia amid a rout in prices for the battery raw material that is expected to result in more production cuts. The lithium market is reeling from... — read more 

https://insideretail.com.au/business/country-road-group-may-layoff-staff-in-planned-restructure-202407

Australian studio Mighty Kingdom has announced a major staff layoff, with 28% of employees set to lose their jobs in a significant restructure. The move has been described as the “toughest chapter” in the history of the studio, which has been running... — read more 

National Australia Bank is preparing to cut around 60 jobs of the 600-staff at its markets division and undertake a broad restructuring exercise across its seven business, the Australian Financial Review said on early on Monday citing... — read more