Rail haulage group Aurizon will scrap 200 full-time jobs as it tries to stem sliding profits and hauls less bulk commodities, partly because of big customers such as the Whyalla Steelworks being in administration.
The job cuts were revealed ahead of the Macquarie Australia conference in Sydney on Wednesday, where Aurizon chief executive Andrew Harding will discuss the company’s financial outlook with investors.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
