Iron ore giant BHP Billiton plans job cuts

PUBLISHED : Tuesday, 09 October, 2012, 8:12am
UPDATED : Tuesday, 09 October, 2012, 8:13am


Top global miner BHP Billiton said it plans to cut an undisclosed number of jobs in iron ore, its biggest and most profitable business, as it tries to cope with weaker demand and prices, higher costs and a strong Australian dollar.