Diamond giant De Beers likely to cut jobs after Covid-19 hit
“It is likely to lead to some job losses, I can’t tell you at this point what that number will be but we are certainly doing this exercise completely end-to-end,” CEO Bruce Cleaver said
FILE PHOTO: A truck drives amongst workings at the De Beers Voorspoed Diamond mine near Kroonstad, South Africa May 3, 2017. REUTERS/James Oatway/File Photo
The chief executive of Anglo American's diamond unit De Beers said a business review would likely lead to some job losses, after Covid-19 crippled global sales of the luxury gems.
"It is likely to lead to some job losses, I can't tell you at this point what that number will be but we are certainly doing this exercise completely end-to-end," CEO Bruce Cleaver told Reuters.
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