Vale says efforts to find ‘simpler and more nimble operating model’ will mean smaller workforce
A mining city in northern Manitoba is facing another setback as the owner of the community’s nickel mine is preparing to shed more jobs. Vale says it cannot continue to operate its Thompson mine under the status quo, after losing $300,000 per day in 2019.
“We need to find a simpler and more nimble operating model to ensure our future in Thompson,” said Franco Cazzola, manager of Vale’s Manitoba operations, in an email to media.
“This will mean a smaller workforce than we have today. We will consider every option available to us to ensure any job reductions are as limited as possible, and we will ensure they will not impact the safety of our ongoing operations.” Continue Reading →