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Anglo American plans fresh job cuts as part of restructuring

Summary by News24
Anglo American is planning more job cuts at its corporate office, as it restructures its business by selling assets and spinning off its platinum unit.

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News24News24

Anglo American plans fresh job cuts as part of restructuring

Anglo American is planning more job cuts at its corporate office, as it restructures its business by selling assets and spinning off its platinum unit.

·South Africa
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Times LiveTimes Live

Anglo American begins consultation to cut jobs amid business overhaul

Anglo American has begun a consultation process in the UK and South Africa to cut jobs, amid a broader restructuring aimed at refocusing its operations on copper and iron ore mining, a spokesperson said on Thursday.

·Johannesburg, South Africa
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BloombergBloomberg

Anglo American Plans Fresh Job Cuts as Part of Restructuring

Anglo American Plc is planning more job cuts at its corporate office, as it restructures its business by selling assets and spinning off its platinum unit.

·United States
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Billionaires.AfricaBillionaires.Africa

Anglo American, led by South Africa’s Duncan Wanblad, to restructure operations, reduce jobs

Key PointsThe mining giant plans more job cuts in Johannesburg and London as part of a restructuring drive to streamline operations and boost profitability. Anglo continues divestments, including a planned spin-off of Anglo American Platinum and potential sale or IPO of De Beers.The company posted a $3.07 billion net loss, reversing a prior-year profit, as headline earnings plunged nearly 65%.Anglo American, the mining giant led by South African…

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MiningmxMiningmx

Anglo starts consultation to cut jobs

ANGLO American has begun a consultation process in the United Kingdom and South Africa to cut jobs, amid a broader restructuring aimed at refocusing its operations on copper and iron ore mining, said Reuters citing an Anglo spokesperson on Thursday. As part of the strategic overhaul, the company is set to spin off its Anglo American Platinum by mid-year. It also sold its coal and nickel assets and plans to divest its De Beers diamond unit, said …

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Bloomberg broke the news in United States on Thursday, March 13, 2025.
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