Location: Denver, Colorado, USA.
Department affected: Corporate.
Based on news reporting.
Newmont Corporation has laid off approximately 200 corporate employees as part of its efforts to streamline operations. The layoffs, which took effect on October 1, 2023, are aimed at reducing costs and improving efficiency within the company. This decision comes in the wake of a challenging economic environment for the gold mining industry, prompting Newmont to reassess its corporate structure. The affected roles were primarily within the corporate department, located in Denver, Colorado. Newmont's leadership emphasized the need for these cuts to maintain competitiveness and adapt to market conditions.
Newmont Corporation cut 200 jobs affecting its Corporate team as of October 1, 2023.
That is roughly 0.9% of the 21,700 people Newmont Corporation employs.
LayoffTalk has tracked 17 layoff events at Newmont Corporation since October 2023, affecting a combined 3,310 employees.
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