Wednesday, December 10, 2008

Rio to slash 1.4x104 jobs

Rio Tinto is letting go 14,000 people in an attempt to reduce debt and react to rapidly deteriorating market conditions. This is:
-60% of the population of Alice Springs.
-20% more than the entire attendance of next week's AGU meeting.
-One person per month since the reign of Charlemagne.

1 comment:

Aparna said...

thanks for this great news.