Job cuts announced at Lac des Iles palladium mine ...Middle East

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Job cuts announced at Lac des Iles palladium mine
Impala Canada’s restructuring due to the plummeting price of palladium results in 95 jobs cut in operations, corporate and finance offices THUNDER BAY — Impala Canada has now confirmed it will reduce the workforce at its Lac des Iles palladium mine north of Thunder Bay. Ninety-five jobs will be cut in operations and the company’s corporate and finance offices, including 59 unionized employees and 36 staff. This is a little more than eight per cent of the Impala Canada workforce, encompassing employees and contractors. Job cuts were expected after the company recently informed its employees it was amending its business plan because the market price for palladium has fallen to about half wha

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