RAPAPORT… Alrosa has embarked on a restructuring at its Mirny mining division that will allow it to reduce operating costs while limiting job losses.
The Russian miner has merged the processing-plant team with several other units, thereby eliminating the need for some jobs, it said last week.
The move will affect 670 of Mirny’s approximately 2,600 workers, with most of them moving into vacant positions elsewhere in the division. Around 90 people will become redundant within Mirny, but will receive an offer for other roles at Alrosa, and will be entitled to compensation, the company added.
Image: The Mir mine in the Mirny division. (Alrosa)
Alrosa Streamlines Mirny Mining Division
The Bottom Line
- Alrosa merged the processing-plant team with other units in the Mirny division to reduce operating expenses.
- The restructuring impacts 670 of Mirny’s 2,600 workers, most of whom will be reassigned to vacant roles within the division.
- Approximately 90 employees will be laid off but offered other positions within Alrosa and compensation.
Summary by Rapaport AI
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