Fortescue slashes 700 roles, but Andrew Forrest says it’s not a sign the green energy arm is flailing

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Fortescue slashes 700 roles, but Andrew Forrest says it’s not a sign the green energy arm is flailing

Andrew Forrest’s Fortescue is making hundreds of white collar workers across the globe redundant in a move he says will better enable the company to realise its green energy dreams.

Fortescue will make about 700 of its workers redundant, despite a healthy iron ore price. But Mr Forrest told The West *********** the job cuts are not an indicator the green energy side of the business is faltering.

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