Sanjeev Gupta’s GFG Alliance to slash costs by 30% and shed jobs
The metals tycoon’s business has been hit hard by the coronavirus pandemic
11 June 2020 - 17:33
London — British-based commodities tycoon Sanjeev Gupta's global metals businesses said on Thursday it will cut costs and shed jobs due to a sharp slide in demand that could last up to 18 months.
The GFG Alliance, a conglomerate with wide-ranging operations including steel, aluminium and infrastructure, said its business had been hit hard by the coronavirus pandemic...
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