Bloomberg News reports that Anglo American has begun cutting corporate office employees globally, with South Africa’s National Union of Mineworkers (NUM) saying that notices were sent to staff at the company’s Kumba Iron Ore unit warning they could lose their jobs.

Talks started on Wednesday and after a 60 day process, 141 jobs are expected to be lost, Livhuwani Mammburu, the NUM spokesman, indicated. An Anglo American spokesman confirmed that the notices have been sent out in SA, stressing that it was a global process.

• Read the full original of the report in the above regard by Loni Prinsloo & Antony Sguazzin at Fin24

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