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The Guardian - AU
The Guardian - AU
National
Cait Kelly

Andrew Forrest’s Fortescue slashes 700 jobs in restructure

Andrew Forrest Fortescue Andrew Twiggy Forrest
Andrew 'Twiggy' Forrest
Andrew Forrest’s Fortescue has announced 700 job cuts. Photograph: Lukas Coch/EPA

Fortescue has announced it will slash 700 jobs from its global operations as part of a major restructure, as the company promises to deliver on green technology and diversity goals.

The company, helmed by multi-billionaire Andrew Forrest, announced to the Australian Stock Exchange on Wednesday afternoon that hundreds of jobs would be lost as part of a company restructure.

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