CSR flags more job cuts

Date: 6 September 2011
Source: www.abc.net.au
Building products maker CSR has announced job cuts at its glass manufacturing business in New South Wales and Victoria.

About 110 redundancies have come into effect as the company launches a major restructure in a bid to lift profits.

It is shutting down several parts of its south-east Melbourne glass-making business, Viridian, which is expected to report a loss of $6.8 million over the six months to September.

The laminating line in Clayton in Melbourne will be closed, while one in Dandenong, also in Melbourne's south-east, will be replaced. Read more on the link below.

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