Glencore's Zambia copper mining unit lays off 4,300 workers - CNBC Africa

Glencore's Zambia copper mining unit lays off 4,300 workers

Southern Africa

by Reuters 0

According to union and company sources, Glencore has laid off 4300 workers. Photo: Wikimedia.

Glencore's Zambian unit has laid off 4,300 workers, union and company sources said on Tuesday, as the mining and trading company deepens cuts in copper output to support flagging prices.

"The company started giving out the letters of redundancy yesterday and has continued with the exercise today," one union official said, referring to Glencore unit Mopani Copper Mines.

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