Samancor to cut 900 jobs

Samancor Chrome, the world's second-largest ferrochrome producer, will lay off about 20percent of its workforce after a sharp drop in demand for ferrochrome led it to cut production, a union said. Trade union Solidarity said yesterday that Samancor would lay off 900 of its 4690 workers, quoting Jurgen Salomon, Samancor's chief executive officer. - Reuters

Samancor Chrome, the world's second-largest ferrochrome producer, will lay off about 20percent of its workforce after a sharp drop in demand for ferrochrome led it to cut production, a union said. Trade union Solidarity said yesterday that Samancor would lay off 900 of its 4690 workers, quoting Jurgen Salomon, Samancor's chief executive officer. - Reuters

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