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Vale-BHP's Samarco says looking to cut 40 percent of workforce

Published 04/06/2016, 05:24 am
Updated 04/06/2016, 05:30 am
© Reuters.  Vale-BHP's Samarco says looking to cut 40 percent of workforce
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RIO DE JANEIRO, June 3 (Reuters) - Brazilian miner Samarco, co-owned by BHP Billiton BLT.L and Vale SA VALE5.SA , said on Friday it will launch a voluntary layoff program with the aim of cutting 40 percent of its 3,000 employees.

Samarco was forced to shut its mine after a deadly dam spill last November and has not resumed operations.

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