Lates News

Rio Tinto is expected to cut a significant number of top executives in its Fortune 500 rankings. The new CEO, Joe, will continue to streamline this global second-largest mining company to make it leaner. The second phase of layoffs is expected to target levels below the nine-person executive committee at Rio Tinto. The committee, with around 90 people holding the title of "Managing Director," may see up to 30 people being cut.