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Rio Tinto Cuts 14,000 Jobs

  • Guardian, Wednesday, December 10, 2008 2:45 PM
Mining company and Real Salt Lake stadium sponsor Rio Tinto is cutting 14,000 jobs globally to try and reduce its debt of $38.9 billion. The company announced Wednesday a 15 percent cut in its workforce, a halt to its expansion plans, and the sale of some assets.

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