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Reuters: Rio Tinto to cut 14,000 jobs, slash spending

Started by dave, December 10, 2008, 08:59:10 AM

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dave

Rio Tinto to cut 14,000 jobs, slash spending
      


MELBOURNE (Reuters) - Global miner Rio Tinto, saddled with nearly $40 billion in net debt, announced plans on Wednesday to cut 14,000 jobs, slash capital spending and boost asset sales but said it would hold its dividend steady.<div class="feedflare">
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