Moneyweb reports that Anglo American Plc is planning more job cuts at corporate offices in Johannesburg and London as it restructures its business by selling assets and spinning off its platinum unit. The company has sent notices to employees who are likely to be affected, people with knowledge of the matter said, asking not to be identified because Anglo hasn’t made a public announcement.

The job cuts are in line with the company’s disposals and other restructuring plans, Anglo said in response to queries. Consultations have just begun and the minerals producer has yet to determine the number of people affected, it said. The job cuts are in line with the company’s disposals and other restructuring plans, Anglo American said in response to queries.

by By Loni Prinsloo and Antony Sguazzin