From Perth to Poland – Boart relocates

The move follows a wave of job losses in Australia’s manufacturing sector, and mining services firms sacking or redeploying staff after BHP and Xstrata cancelled or deferred mining projects.
Boart, which specialises in drilling services and mining exploration products, has been on a cost savings mission since July with 1800 jobs lost globally.
The layoffs and a decision by Boart to move its Perth manufacturing division to facilities in Poland and Germany by April 2013 were announced with another downgrade to its numbers, the second in three months and six weeks after the ousting of former chief executive Craig Kipp.
Chairman and interim chief executive David McLemore said 60 to 80 staff were now on notice.
The staff reductions total 300 in Australia, spanning drilling services, products, sales and head office. They should be completed by the second quarter of next year.
The job losses come as Boart looks to implement $US70 million in annual savings in overheads across the business, or 20 per cent of the global business.
The search for a permanent replacement for Kipp was still under way, McLemore said.
Sources: Boart Longyear, The Australian

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