AUSTRALIA

Thousands more workers face the axe

WORLEYPARSONS has announced plans to sack more than 2000 workers, saying its earnings for the second half of the fiscal year will be half what they were in late 2014.

Haydn Black

It says it has been hit by expected non-recurring redundancy and onerous lease charges and an increase in general project provisions to the 2015 financial year earnings following a review of its business...

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