Anglo American to cut 85,000 jobs in sweeping restructuring, suspends dividend

摘要

Anglo American Plc on Dec. 8 announced a “radical” restructuring programrnthat will see its assets slashed by 60% and the number of jobs reduced byrn85,000 to around 50,000. The group is suspending dividend payments for thernsecond half of 2015 and for the whole of 2016.rnThe diversified miner will be consolidating its six businesses to three — DernBeers, Industrial Metals and Bulk Commodities.