Peabody coal implements hiring freeze

Gillette, Wy – Peabody Energy has announced that it is freezing all hiring and recruiting at its three Wyoming coal mines.
CEO Greg Boyce told employees about the hiring freeze in a
letter Tuesday. He also says Peabody will re-evaluate all capital
projects and that many of those projects will be deferred or
canceled.
Boyce says the St. Louis-basec company continues to have a solid
business strategy and is planning for long-term success. Peabody
officials declined to comment on the letter.
The company operates the Rawhide, Caballo and North Antelope
Rochelle coal mines in northeast Wyoming's Powder River Basin.