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AAP
AAP
Business
Aaron Bunch

'Gutted like a fish': Forrest on Fortescue job losses

Andrew Forrest says Fortescue will cut 700 jobs to reduce the duplication of roles across the firm. (James Ross/AAP PHOTOS)

Mining magnate Andrew 'Twiggy' Forrest is standing by his green hydrogen plan after a decision to axe hundreds of jobs cast doubt on the Fortescue Group's direction.

The iron ore miner turned energy company slashed 700 jobs in a restructure on Wednesday, saying it would ensure the company remained "lean, impactful and agile".

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