27th Mar 2015 06:48
LONDON (Alliance News) - Anglo-Australian miner Rio Tinto PLC is set to cut at least 1,500 jobs, including a substantial number from its headquarters in London, Sky News reported on Thursday.
Sky said it understands Rio Tinto informed staff earlier this week that it was starting a consultation on cuts involving a significant number of UK jobs.
The move comes in the wake of a reorganisation of the business outlined last month which will focus on streamlining its operations and cutting costs.
http://news.sky.com/story/1453113/rio-tinto-cuts-uk-jobs-as-1500-staff-face-axe
By Sam Unsted; [email protected]; @SamUAtAlliance
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