Anglo American's platinum arm, under pressure from South Africa's government, could announce a restructuring plan as early as Thursday that will sharply scale back job losses as it tries to balance out cost cuts and the threat of labor unrest.
Anglo American Platinum (Amplats) had planned to slash 14,000 jobs to pull back to profit but industry sources have told reporters that the final plan would be pared back, with as few as 5,000 jobs cut.
Workers have signaled they will launch
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