Job losses swell as recession bites

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Job losses swell as recession bites

Job losses are starting to grow as the economic crisis bites deeper into the Australian economy.

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Job losses are starting to grow as the economic crisis bites deeper into the Australian economy.
 
BHP Billiton announced today it will suspend operations at its $2 billion Ravensthorpe nickel mine in Western Australia, with the loss of more than 1800 jobs.
 
BHP blames weakening prices
 
When the mine is mothballed, 800 employees and 1000 contractors will lose their jobs. Weakening nickel prices have been blamed for the shutdown.
 
Three hundred BHP workers will also lose their jobs when the miner reduces production at its Mount Keith nickel mine, also in Western Australia.
 
BHP will attempt to redeploy the workers at other sites.
 
David Jones sacks 150
 
Retailer David Jones has announced it will cut head office staff by 150, as it is hit by the slowing economy.
 
The cuts will be from head office and administrative support positions — no customer-facing jobs will be cut.
 
Harvey Norman closing stores
 
Retail giant Harvey Norman has closed three Domayne stores already this year, and yesterday announced the Campbelltown store in Sydney would close, costing 41 jobs.
 
However, one-third of the Campbelltown workers have already been found other jobs.
 
Harvey Norman chairman said there could up to 10 outlets across the group still to close.
 
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