Fortescue cuts 700 jobs and drops green hydrogen targetFinancial Times

Fortescue Hits Brakes on Green Hydrogen Plans and Cuts 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.

Fortescue cuts 700 jobs and drops green hydrogen targetFinancial Times

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

Twiggy's Fortescue slashing 700 jobs in restructure

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

Aussie mining giant to axe 700 jobs

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

Aussie billionaire slashes 700 jobs

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…

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

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