SYDNEY, May 16 (Reuters) - Anglo American has
frozen hiring globally after its pledge this week to simplify
the miner that is the target of a $43 billion bid by Australia's
BHP, according to an internal memo issued by Anglo and
reviewed by Reuters.
"Following yesterday's announcement of our plans to unlock
significant value through a simplification of our portfolio ...
it is appropriate that we put in place a freeze on the
recruitment of all non site-based permanent employees and
contractors across all Businesses and Group Functions," said the
memo from Monique Carter, People and Organisation Director.
Anglo American laid out plans on Tuesday to refocus on
energy transition metal copper while spinning out or selling its
less profitable coal, nickel, diamond and platinum businesses,
as it moves to fend off the world's biggest mining company.
The London-listed miner has rejected BHP twice, saying its
proposals continue to significantly undervalue the company.
Anglo American did not immediately respond to an emailed
request for comment.