Zambian President Meets Mine Unions as Industry Bleeds Jobs
- Glencore to notify its workers of job cuts from Friday
- First Quantum indicated to union it plans 5,000 job cuts
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Zambian President Edgar Lungu will meet with mining unions as Glencore Plc’s local unit cuts more than 7,000 jobs and four other producers also intend to reduce their workforce.
Lungu called the meeting for Friday morning, James Chansa, president at the National Union of Miners and Allied Workers, said by phone. The total number of cuts at Glencore includes 4,300 direct employees while the rest are contract workers, he said. The company will notify employees from Friday. First Quantum Minerals Ltd. has also indicated it plans to fire about 5,000 contract employees, he said.