Hundreds of jobs cut, dividends slashed as Cameco shuts 2 Sask. uranium sites [CBC (Canadian Broadcasting Corporation)]
Cameco Corporation (CCJ)
Last cameco corporation earnings: 5/1 07:00 am
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Source: CBC
Hundreds of jobs cut, dividends slashed as Cameco shuts 2 Sask. uranium sites 845 positions to be laid off represents 20% of company's workforce, CEO says For one Cameco employee, the company shutting down production at two sites in Saskatchewan is not all that surprising. After all, the uranium market has been poor. "I'm shocked, but I'm not that surprised, and I'm not too concerned yet," said Bernie Clavelle, a maintenance planner at the uranium company's Key Lake site. Cameco announced Wednesday that it plans to shut down production at two of its sites in Saskatchewan — McArthur River and Key Lake — in January. It predicts 845 jobs will be affected. "We regret the impact on employees," said Cameco CEO Tim Gitzel during a conference call Thursday. Premier Brad Wall said the government will provide rapid response teams to help employees facing layoffs who want to transition into a different career or who might need counselling, "because it's fairly traumatic, even for temporary lo
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CCJ
Earnings
- 2/8/24 - In-Line
CCJ
Sec Filings
- 4/9/24 - Form 6-K
- 4/5/24 - Form 6-K
- 4/5/24 - Form 6-K
- CCJ's page on the SEC website