'Substantial' Australian job losses planned at BHP mining spin-off South32

Source: www.theguardian.com --- Wednesday, February 03, 2016
South32 will axe 620 jobs in South Africa further losses will hit in Australia as falling commodity prices result in a $US1.7bn cut to half-year earnings The BHP Billiton spin-off, South32, has signalled widespread job losses at its Australian operations after warning that falling commodity prices will lead to a $US1.7bn ($A2.37bn) hit for the latest half year. Related: End of China's commodity boom spells pain for producers with no end in sight Continue reading... ...

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