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Billionaire founder and executive chair Andrew Forrest has been one of the most bullish voices backing clean fuel

Financial Times

London

Greater London

England

United Kingdom

Fortescue cuts 700 jobs and drops green hydrogen targetFinancial Times

Andrew 'Twiggy' Forrest will axe 700 jobs from mining company Fortescue by the end of July to streamline business.

Media Bias/Fact Check

ABC Australia

Australian Government

Australia

Andrew Forrest's Fortescue slashes 700 jobs amid green technology commitment

Mining magnate Andrew Forrest has reportedly told staff that 700 jobs will be slashed as his company gets set to restructure.

News

Murdoch family

Aussie mining giant to axe 700 jobs

(Bloomberg) — Billionaire Andrew Forrest is scaling back his plans to turn Australian miner Fortescue Ltd. into a green hydrogen heavyweight, blaming high energy prices for a setback that has prompted an overhaul of the group and 700 job cuts.

Financial Post

Leon Cooperman

Allianz

Canada

Fortescue Hits Brakes on Green Hydrogen Plans and Cuts 700 Jobs

Fortescue is making hundreds of white collar workers redundant as Andrew Forrest concedes the mining giant will have to break a key green hydrogen promise.

The West Australian

Kerry Stokes

Fortescue axes 700 jobs as Forrest slows green dream

Hundreds of Fortescue workers will lose their jobs in a bid to keep the iron ore and green energy company "lean, impactful and agile".

PerthNow

City of Perth

Western Australia

Twiggy's Fortescue slashing 700 jobs in restructure

Fortescue, the mining and green energy company run by Australian billionaire Andrew Forrest, will cut around 700 jobs﻿ across the globe.The company announced the redundancies to the stock market this afternoon, as well as the merger of its metals and energy divisions.﻿"The company has undergone a period of rapid growth and transition, and as part of bringing together metals and energy into One Fortescue, initiatives are being implemented to simp…

9News

Aussie billionaire slashes 700 jobs

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Nikkei Inc.

Mining billionaire Andrew Forrest’s Fortescue will slash 700 jobs, as the company tempers its ambition to be a major producer of the clean fuel hydrogen.

WA today

Nine Entertainment

Northbridge

Fortescue slashes 700 jobs, tempers hydrogen ambitions

Hundreds of Fortescue workers will lose their jobs in a bid to keep the iron ore and green...

Fortescue cuts 700 jobs and drops green hydrogen targetFinancial Times

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