From The Australian:
MORE than 1000 Rio Tinto jobs on the east and west coasts and many more around the globe could be in the firing line as chief executive Sam Walsh strengthens his cost-cutting drive by targeting duplication.
Mr Walsh has given six of his eight executive committee members instructions to remove duplications in their businesses and to form plans to revise their structure in the coming weeks.
And it is believed that one of the two direct reports who was not given the instructions in this round, iron ore boss Andrew Harding, is in the process of slashing 800 staff and contractor jobs in Western Australia, in line with union estimates of job losses.
Only last week it was 300. Yesterday it became 800. Today 1000. Tomorrow…
