Vale Cutting Staff Company-Wide to Remain Competitive
What’s going on at Vale?
Vale is laying off staff across all of its corporate functions.
Jeff Gaulin, the miner’s general manager of corporate affairs, wouldn’t tell Sudbury.com what the local impact would be, but said in a statement that the company is trimming its headcount globally to remain competitive.
“We are facing incredible challenges in mining with sustained low commodity prices, increasing costs, softening demand for electric vehicles, unstable global economic growth, and increasing trade tensions,” the statement reads.
According to LinkedIn, Vale employs more than 3,700 people in Canada.
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If you’re a non-unionized employee, check out our Vale Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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