Anglo American Platinum Job Cuts Amid Market Challenges

Anglo American Platinum to Cut 4,300 Jobs in Restructuring amid Challenging Environment

Anglo American Platinum, a South African precious metals company majority owned by Anglo American, has announced plans to restructure operations due to lower prices, rising costs, and an uncertain outlook. The restructuring could potentially affect more than 4,300 jobs, as well as around 620 service providers and contractors. The final number of job cuts will be decided after the consultation process concludes.