Diamond mining giant De Beers Group plans to cut 366 jobs in South Africa, the Solidarity trade union said on Tuesday.
De Beers to cut more than 300 jobs
The Anglo American unit will cut 152 jobs at its Venetia mine and a further 214 posts at its other mines in South Africa, the union said.
Anglo American said on Tuesday it plans to sell many of its units and mines as part of a sweeping strategic overhaul to cope with a commodities rout.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Ogun FRSC set to arrest motorists with petrol-filled jerry cans in vehicles
Fruit waste from Ketu market can generate power for homes, markets, industries
Tinubu's 2nd term bid at risk over 'betrayal' of El-Rufai, Yahaya Bello - Sowunmi
EFCC to freeze 1k bank accounts for forex dealings, investigate for 90 days
Osun petroleum agency warns marketers against fuel hoarding, inflating price
'People are setting up business centres, calling themselves pastors' - Oshiomhole
Rivers Reps console tanker blast victims, seek aid from philanthropists
Tinubu says technology will curb corruption, enhance Government transparency
Comply with EFCC's arrest, avoid disgracing former Governors - Ortom
ADVERTISEMENT