From the West Australian:
More than 500 jobs have already been chopped from BHP’s iron ore division in recent months, including 100 from the resources giant’s iron ore headquarters in Perth as well as 170 positions made redundant at its Mt Whaleback mine in the Pilbara.
…Sources say significantly greater cuts are expected as a result of a broader review conducted by management consulting firm McKinsey and Company, which has been examining BHP’s iron ore business in detail.
McKinsey reports are understood to have recommended BHP shed up to 20 per cent of its WA workforce, or more than 3000 positions, in an effort to reduce costs to the level of major rival Rio Tinto on a per-tonne basis.
The 3000 includes the recent 500.
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