Murray Goulburn (MG) has confirmed that it will be cutting 72 jobs starting from early September.
The positions will be cut from various plants throughout Victoria including 38 at Cobram, 15 at Leongatha, eight at Kiewa, four at Rochester, three at Koroit and four at Edith Creek in Tasmania.
Keith Mentiplay, MG’s general operations manager said that the decision has not been made lightly, and was vital to ensure the long term success of the business.
"All affected staff will receive their full entitlements and will receive additional support with outplacement, career transitioning services, financial advice and counselling,” said Mentiplay.
"While these decisions are challenging, they are necessary to ensure MG remains competitive. It is in the best interests of our supplier/shareholders, employees, communities, customers and consumers that MG remains a strong business able to compete globally and deliver higher farmgate prices.
"We continue to employ more than 2000 people at Murray Goulburn, mainly in rural and regional Australia and contribute to an estimated $6 billion to the Australian economy."
Murray Goulburn has assured suppliers that the new operational changes will not affect productive capacities.