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  • Mining giant Rio-Tinto axes jobs

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Mining giant Rio-Tinto axes jobs

Saddled with nearly 40 billion dollars in net debt, global miner Rio-Tinto said it would cut 13 percent of its workforce, slash capital spending and sell more assets as it battles a collapse in commodity prices.

Reuters | December 10, 2008Watch more videos from Reuters

Tags:. .riotinto. .workforce. .saddled. .miner. .commodity











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