Wesfarmers Industrial and Safety to cut 300 jobs

Wesfarmers Industrial and Safety will cut 300 jobs as part of a larger restructure of its business operations across Australia and New Zealand.

As the Australian reports, the restructure started in August and the company had previously announced that 200 workers would be laid off. Then yesterday a further 100 job cuts were announced.

Apart from the job cuts, Blackwoods and specialist businesses including Protector Alsafe, Bullivants, Bakers and Total Fasteners will come together under the one name, Blackwoods.

In addition, the New Zealand businesses of Blackwoods Protector, NZ Safety and Packaging House will also come together as an integrated New Zealand operation.

These changes will be implemented progressively through the remainder of the financial year.

Wesfarmers Industrials Managing Director Rob Scott said the changes are designed to improve the company’s offer to customers, reduce costs and strengthen its platform for the future.

“These changes are in response to the challenging market conditions faced by our customers and in our own business. By removing complexity in our business, we can unlock the benefits of our scale and national distribution network and invest further in specialist solutions for our customers,” Scott said in a statement.

Image: Wesfarmers

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