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Its workforce has shrunk from a peak of 5,400 before 2001 to 3,800 today.
The urban workforce has shrunk by nearly 15% in the past five years.
At Penrice's plant in Osborne, for example, the workforce has shrunk even as their qualifications have risen.
There's modern economics for you: as business has grown (with effluents creating affluence), so the workforce has shrunk.
Its market value has fallen from £11bn to £5bn and the workforce has shrunk to just 26,000.
Since 1988, the industry's average working margin has fallen by 84%, to 220 rand a tonne, and its total workforce has shrunk from 515,000 to 298,000.
Similar(49)
By the end of 2002, Merrill's workforce had shrunk by more than a quarter.
Lack of orders at the shipyard meant that the workforce had shrunk to 3,000 from the 13,000 employed at the height of the Vanguard programme.
Just before the filing this week, its workforce had shrunk to 26,000 and its stockmarket capitalisation to a mere C$191m $156mm).The immediate cause of Nortel's demise is the recession, which hit it particularly hard.
The meeting was told the National Coal Board's pit closure programme had "gone better this year than planned: there had been one pit closed every three weeks" and the workforce had shrunk by 10%.
Northern Pacific was reorganized into Burlington Northern Railroad in 1970, and by the early 1980s its local workforce had shrunk substantially.
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CEO of Professional Science Editing for Scientists @ prosciediting.com