Wednesday, May 1, 2013

FOXBusiness.com: Glencore Set to Lay Off Several Xstrata Managers

FOXBusiness.com
FOX Business Network - The Power to Prosper
Glencore Set to Lay Off Several Xstrata Managers
May 2nd 2013, 01:45

Glencore International PLC (GLNCY) will lay off hundreds of Xstrata PLC (XTA.LN) managers when it takes control of its rival and clears out many of the mining group's top executives, U.K. daily The Times reported on its website Wednesday, without citing specific sources.

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