Mines minister says Implats job cuts ‘reckless’

South Africa’s mines minister has urged platinum producer Impala Platinum’s to reconsider its plans to slash its workforce by a third over two years, calling the firms actions “careless”. “Their reckless actions add injury to insult,” mines minister Gwede Mantashe said in a statement, adding that Implats’ plans to cut 13 400 jobs was “a display of arrogance”.

Read: Implats says to slash 13 400 jobs 

Source: moneyweb.co.za