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Anglo American aims to cut about 60,000 jobs by 2017

Reuters - UK Focus

LONDON, Dec (Shanghai: 600875.SS - news) 9 (Reuters) - Global miner Anglo American (LSE: AAL.L - news) aims to cut around 60,000 jobs as part of a wider reorganisation, Chief Executive Mark Cutifani said on Tuedsay.

The company is aiming to cut the number of direct employees and contractors to a total of about 102,000 in 2017 from about 162,000 in 2013.

The chief executive of Anglo American's iron ore subsidiary Kumba also said on Tuesday that he has proposed a 40 percent reduction in jobs at the company's headquarters in Pretoria, South Africa. (Reporting by Silvia Antonioli; editing by Susan Thomas)