Tag: reduce

Lake Resources to divest assets and reduce staff due to low lithium prices

Lithium developer Lake Resources is divesting assets and axing jobs as a result of challenges from declining lithium prices, reported Reuters, citing the company’s CEO Steve Dickson. The low prices have affected the company’s ability to secure customers and investors for its Kachi lithium brine project in Argentina, Dickson said. On the sidelines of the […]

Russia could reduce decision time for use of nuclear weapons, lawmaker says

By Guy Faulconbridge and Lidia Kelly MOSCOW (Reuters) -Russia, the world’s biggest nuclear power, could reduce the decision-making time stipulated in official policy for the use of nuclear weapons if Moscow believes that threats are increasing, parliament’s defence committee chairman said. The war in Ukraine has triggered the biggest confrontation between Russia and the West […]

Dairy co-op Tirlán seeks voluntary redundancies in bid to reduce costs

Voluntary redundancies are being sought by the dairy co-op Tirlán, formerly known as Glanbia. Trade union Siptu is hoping to meet with management and staff to discuss restructuring plans which could result in a number of job losses. A proposed cost reduction programme is being described as very concerning for employees and dairy producers working […]