De Beers likely to cut jobs after COVID-19 hit

Date: Jul 31, 2020

The head 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,” Chief Executive Officer, Bruce Cleaver told Reuters.



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