IMPLATS: 4,842 +62 (+1.30%)
South Africa's mines minister says Implats job cuts "reckless"
JOHANNESBURG, Aug 2 (Reuters) - South Africa's mines
minister has urged platinum producer Impala Platinum's
to reconsider its plans to slash its workforce by a third over
two years, calling the firms actions "careless".
"Their reckless actions add injury to insult," mines minister
Gwede Mantashe said in a statement, adding that Implats' plans
to cut 13,400 jobs was "a display of arrogance".
(Reporting by Tanisha Heiberg
Editing by James Macharia)
First Published: 2018-08-02 13:51:55
Updated 2018-08-02 14:09:36
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