Paladin Energy Slashes Jobs, Reduces Executive Pay

The Sydney Morning Herald reported that uranium miner Paladin Energy has responded to falling uranium prices by cutting jobs and reducing spending, including cutting executive pay.

According to the report:

The Perth-based company, which operates two uranium mines in Africa, says it will reduce the number of head office staff in the current financial year, and cut the base salaries of managers by 10 per cent.

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