Anglo cuts costs not jobs

Finance

Publishing Date: 19 Dec 2008 12:37pm GMT
Issue/Supplement: 19/12/08
Author: Mining Journal

Anglo American plc said it could not comment on future job numbers despite announcing this week that it was to cut capital spending by more that 50%. “We can’t predict the likely impact on head count at present,” spokesperson James Wyatt-Tilby said.

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