Boom restructures in Melbourne

Crane, heavy haulage and aerial platform rental house Boom Logistics in Australia is restructuring its Melbourne operation. More than 30 jobs will go and the crane fleet will be reduced from 24 to six units.

Explaining the reasons for the move, Brenden Mitchell, Boom CEO, said that the Melbourne business has been operating "at an annualised loss at EBIT level of AU$1.6 million [US$1,023,000]."

The remaining cranes will be moved into the tower crane division. The job losses will be at operator, supervisor, administration and management levels, Mitchell said.

"Boom will be ensuring those people made redundant are given individual career transition support in areas such as career counselling, job search, financial planning and retirement planning," Mitchell concluded.