Rio Tinto to cut M&A jobs as deals appetite wanes in commodities rout

By Anjuli Davies and Silvia Antonioli
Updated March 27 2015 - 5:13pm, first published 10:25am
Culling jobs, not only at the hard hat level: Rio Tinto chief executive Sam Walsh. Photo: Chris Ratcliffe
Culling jobs, not only at the hard hat level: Rio Tinto chief executive Sam Walsh. Photo: Chris Ratcliffe

Rio Tinto plans to cut jobs in its mergers and acquisitions (M&A) and business development areas, three sources said, in a bid to cut costs as it battles a slump in commodity prices.

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