Newmont to Lay Off 10% of Staff at Suriname's Merian Mine
SOURCENews reportView the filing ↗
What we know
Location: Suriname.
Based on news reporting.
Summary
Newmont Corporation has announced plans to lay off at least 10% of its workforce at the Merian mine in Suriname. This decision reflects the company's ongoing efforts to streamline operations and adapt to changing market conditions. While the exact number of employees affected has not been disclosed, the layoffs are part of a broader strategy to enhance efficiency. The company has not provided a specific timeline for when these layoffs will take effect. This move underscores the challenges facing the mining industry amid fluctuating demand and economic pressures.
LayoffTalk has tracked 16 layoff events at Newmont Corporation since October 2023, including 107 jobs documented in official WARN filings, with 13 additional events known from news reporting.
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Estimated figure based on news reporting. Not yet confirmed by Newmont Corporation.
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