BHP appeared to make additional cuts to its expertise workforce within the again half of 2020, bringing reductions within the general measurement of the workforce to over 50 %.
The miner offered the revised determine in an appendix to its half-year outcomes announcement [pdf].
It famous there had now been a “discount of [greater than] 50 % in [its] expertise workforce”, however maintained its aim of decreasing overhead prices by round 30 %.
That might imply the additional cuts have been at all times deliberate; nonetheless, it had beforehand urged cuts would influence up to 30 percent of its beforehand 2000-strong expertise workforce, and it had already slightly exceeded that goal by the top of June final yr.
The brand new cuts imply an additional 15 % of the expertise workforce, or 300 folks, have been impacted by the “realignment” of the global technology function – which was slated to happen all through 2020 – with the present measurement of the workforce all the way down to 1000 folks or much less.
A BHP spokesperson didn’t reply to requests for remark by the point of publication.
The “realignment” sees expertise transfer from being a wholly-centralised company enterprise unit with operations in Singapore and Australia to a extra decentralised workforce situated nearer to the corporate’s mining property.
Chief monetary officer David Lamont famous within the miner’s half yr outcomes announcement that expertise and innovation would proceed to play a task within the firm’s future.
“All through my company profession I’ve labored for corporations with sturdy analysis, science and expertise expertise embedded of their DNA,” Lamont stated.
“BHP certainly has these attributes and I firmly consider that by making use of these in an modern and centered method we are able to extract extra from our current useful resource base.”
BHP stated it had made floor within the again half of 2020 rising its use of information insights, determination automation and machine studying “to enhance feed mix visibility [and] predictability in coal dealing with”.
BHP reported a primary half revenue of US$9.8 billion, up 17 % on the prior corresponding interval. It stated it will pay a file half yr dividend of US$1.01 dividend per share.