Anglo American cuts 19,000 jobs and payout
$2 billion cost-saving programme to meet the global downturn
By News on the Net —— Bio and Archives--February 21, 2009
American Politics, News | Comments | Back To Full Article
Anglo American, the mining group, is to cut 19,000 jobs this year and scrap its dividend after a collapse in commodity prices. It is to bring in a $2 billion (£1.4 billion) cost-saving programme to meet the global downturn.
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