AURIZON PLANS TO AXE WORKPLACE AGREEMENTS

AURIZON PLANS TO AXE WORKPLACE AGREEMENTS

AURIZON Holdings Limited (ASX:AZJ) plans to terminate 14 Queensland workplace agreements, following failed talks with union representatives.

The rail operator has submitted the application to the Fair Work Commission, following an announcement to axe 480 jobs from its workforce.

It argues that the system impacts customer service, efficiency, productivity and incurs additional costs – affecting competitiveness in a tough economic climate.

“The extremely slow progress with bargaining has resulted in Aurizon having to explore all options available to it,” the company said in a statement.

AZJ has been negotiating proposed changes with unions since April last year.

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