In South Africa Mining ministry asks Anglo American to save jobs

Anglo said on Tuesday it would whittle its business down to cope with severe falls in commodity prices.

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The Anglo American logo is seen in Rusternburg October 5, 2015. REUTERS/Siphiwe Sibeko play The Anglo American logo is seen in Rusternburg October 5, 2015. REUTERS/Siphiwe Sibeko (Reuters)
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South Africa's mining ministry on Thursday asked Anglo American to explain the impact of its restructuring plans on jobs and how the layoffs could be avoided, after the firm outlined a plan to sell assets.

"The Department is thus awaiting a detailed presentation from the company in this regard, which should include the impact on jobs and measures to save them, transformation as well as other national imperatives," the ministry said in a statement.

Anglo said on Tuesday it would whittle its business down to cope with severe falls in commodity prices.

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