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De Beers to cut more than 300 jobs

The logo of diamond merchant De Beers is seen on the front of their boutique on Rodeo Drive, in a file photo. REUTERS/Fred Prouser
The logo of diamond merchant De Beers is seen on the front of their boutique on Rodeo Drive, in a file photo. REUTERS/Fred Prouser
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.
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Diamond mining giant De Beers Group plans to cut 366 jobs in South Africa, the Solidarity trade union said on Tuesday.

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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.

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