Lonmin may axe 4000 jobs

Platinum producer Lonmin on Friday informed trade unions that 4000 employees could lose their jobs. According to Solidarity, the official notice revealed that the job cuts would include 3000 at Western Platinum and 1000 at Eastern Platinum. Lonmin is reducing its workforce as it cuts back on uneconomical ounces at its operations in South Africa. - I-Net Bridge

Platinum producer Lonmin on Friday informed trade unions that 4000 employees could lose their jobs. According to Solidarity, the official notice revealed that the job cuts would include 3000 at Western Platinum and 1000 at Eastern Platinum. Lonmin is reducing its workforce as it cuts back on uneconomical ounces at its operations in South Africa. - I-Net Bridge

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