Amplats to begin firing 6,900 S.Africa workers

World number one platinum producer Anglo American Platinum announced Monday it will begin firing an estimated 6,900 workers in South Africa on September 1.

"A month's notice period for affected employees will commence on 1 September," said Amplats CEO Chris Griffith, finalising plans to cut 6,000 mine and 900 corporate jobs to save around $400 million a year.