Latest Workforce Changes News

Alfabs Australia Limited has consolidated its Mining Division workshops into its Kurri Kurri facility, closing the Wollongong site and initiating redundancies, while refinancing its Malabar Loan to improve cash flow and operational efficiency.

Bendigo and Adelaide Bank has announced new long-term partnerships with Infosys and Genpact to enhance technology and operational efficiency, alongside a 7.6% increase in cash earnings for the third quarter of 2026.

BSA Limited reported a mixed Q2 FY2026 with improved EBITDA margins and completed restructuring, yet faces ongoing risks from lost contracts and uncertain second-half profitability.

Global Health Limited has accelerated its MasterCare+ SaaS platform rollout, integrating AI to streamline operations and reduce staff by 10%, while reporting a 25% EBIT improvement despite a delayed R&D refund impacting cash flow.

Bega Cheese Limited reported robust FY2025 results marked by strategic site consolidations, innovation-led growth, and a strong financial position, setting the stage for an optimistic FY2026.

Mount Gibson Iron suspends mining at Koolan Island following a significant rockfall, withdrawing FY26 sales guidance and initiating workforce reductions while advancing rehabilitation efforts.

Transurban Group is streamlining operations with a workforce reduction of around 300 roles, targeting over $50 million in annual cost savings while maintaining its FY25 distribution guidance.