Hundreds of Queensland jobs will be cut from major mining support services company Hastings Deering.
In a statement dated July 30, the company said it was "anticipated this will result in approximately 400 redundancies across Hastings Deering's business, which will be implemented this month".
The company said challenging market conditions had forced the decision.
The company said it implemented a number of efficiency and productivity measures in the past 12 months but none were enough to deal with the current conditions.
Hastings Deering's offices were located in Brisbane and across regional Queensland.
The ABC contacted the company for further details.
Julie Boyd from the industry lobby group, the Resource Industry Network, said the news was very concerning.
"One of the biggest issues with all this is that it's this sort of smaller loss of staff through companies over the last few months, is almost like the death by 1,000 cuts in the region," he said.
"We're not having great big cut-offs like the car industry, but this is significantly impacting on our skills base and our capacity to do business in the future."
Ms Boyd said she was worried there would not be enough support for new coal projects.
"Whilst it's a big announcement that the Carmichael project has been approved, which is fantastic for the region, what we can't afford to do is then find ourselves not being able to have the right equipment, the right staff, the right people who are actually going to be able to tap into those opportunities because they simply don't have the staff here," she said.