Glencore Says About 1000 Roles Eliminated In The New Devolved Operating Structure
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Glencore PLC has announced the elimination of about 1000 roles as part of its new devolved operating structure aimed at cost savings across various functions. The company expects to fully deliver these savings by the end of 2026, with over 50% already secured for 2025. Additionally, Glencore has adjusted its copper production guidance and anticipates steady production volumes for energy and steelmaking coal from 2026 to 2029.
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