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Codelco fired 350 supervisors due to “effects of the copper low prices”

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In the frame of the efforts of the company in order to optimize its performance and thus responding to the effects of the low prices of the copper, Codelco announced the firing of almost 350 supervisors, Role A.

According to the company explanations, this measure means the reduction of its supervisors in 8%, considering to all of the divisions and working centers of the corporation. The decision is going to allow to save 48 million dollars per year.

In addition they assured that with this decision they are implementing series of measures to ensure competence through the accomplishment of their production and cost reduction goals.

Depending on the type of contract, the fired workers are going to have the possibility to be protected by the diverse retirement plans in force.

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