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| Version 107 | Version 108 |
|---|---|
| Africa Live this week: 12-18 February 2024 - BBC News | Africa Live this week: 12-18 February 2024 - BBC News |
| (32 minutes later) | |
| Anglo American Platinum, the world's largest producer of the precious metal, plans to cut thousands of jobs at its mines in South Africa. | |
| The cuts come a year after the company's profits slumped by 71%. | |
| On Monday, Anglo American said it was embarking on a restructuring that | |
| could affect about 3,700 South African jobs - that's 17% of its workforce in the country. | |
| The restructuring decision "has not been taken lightly", Anglo American CEO Craig Miller was quoted by Reuters as saying. | |
| "It's very much a last resort, not least as we recognise the | |
| unemployment challenges in South Africa and the socio-economic | |
| impact that the proposed restructuring may have on our people | |
| and the communities we are part of." | |
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