Founded by Herbert Hoover in 1909
PARTNER CONTENT
✕
MANAGEMENT

Sandvik to axe 1,100 workers in cost-cutting 'restructuring'

By 2025, Sandvik will implement structural and volume-related changes to optimise operations

Munira Rajkotwalla
The initiative will generate annual savings of over US$146 million. Photo: Sandvik

The initiative will generate annual savings of over US$146 million. Photo: Sandvik

Sandvik announced a new global restructuring program aimed at strengthening operational efficiency and resilience. The company plans to consolidate production units, optimize organizational structure,...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

Helping to Bring Order to Tailings Management

PARTNER CONTENT

Michelin 2024: A Sustainable Path to Mining Tyre Design

MOST POPULAR
1
MANAGEMENT

Rio culture problem persists, but progress is being made: report

2
EUROPE

Ukraine crossroads sends mixed messages to market

3
ASIA

China germanium and gallium ban could lead to $3.4B hole

4
AMERICAS

IRA, 45X and Musk: the future of American EVs

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login