Chilean lithium miner SQM begins laying off 5% of local workforce-February 2024-www.financetom.com

Chilean lithium miner SQM begins laying off 5% of local workforce

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Chilean lithium miner SQM begins laying off 5% of local workforce

Jun 25, 2025 9:10 AM

SANTIAGO, June 25 (Reuters) - Chilean lithium miner SQM

has begun laying off workers in its Chilean

operations, according to a union memo to workers seen by Reuters

on Wednesday.

A union source said the dismissals would amount to 5% of its

workforce nationwide. SQM employs 8,344 people in Chile and

elsewhere, with three-quarters working at the northern Chile

operations where it extracts lithium, a key battery metal.

SQM declined to comment.

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