Aurizon Holdings (ASX:AZJ) said it plans to cut around 200 full-time equivalent roles as part of a company-wide review of its non-operational cost base, aiming to deliver about AU$50 million in annualized savings from July 1, according to a Tuesday filing with the Australian bourse.
The job cuts are subject to an ongoing consultation process, the filing said.
A second phase of the review is underway, with further decisions expected by June 30, the filing added.