BHP Message Board - Msg: 3347751

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Gold/Mining/Energy : BHP

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To: Thomas Haegin who wrote (50)	2/5/1998 10:03:00 AM
From: Thomas Haegin	of 87

Repost: BROKEN HILL PROPRIETARY offering early retirement to 450 staff ---------------------- Infobeat 02/04/98 BHP said it was offering early-retirement ÿ packages to 450 corporate staff. BHP said the move reflected its ÿ shift to a leaner, more focused operation. BHP has struggled to ÿ generate what it calls acceptable levels of profit across its A$37 ÿ billion portfolio of assets, with its share price slumping in the ÿ last 12 months along with the company's performance. "There's no ÿ target, so it's just a matter of seeing how many apply at this ÿ stage," BHP spokesman Michael Spencer told Reuters. (Reuters 01:38 ÿ AM ET 02/04/98)

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