the world s biggest cement maker, will eliminate 460 jobs globally as it pushes ahead with an overhaul. Of the headcount reduction, the Paris-based company will cut 90 jobs in France through a “voluntary redundancy” plan, the company said in a statement. Chief Executive Officer Bruno Lafont in November announced a plan to save an extra 500 million euros ($658 million) in expenses from 2012. He also said then that the company will continue to sell assets after shedding more than 2 billion euros of assets in 2011. Standard & Poor’s and Moody s Investors Service cut Lafarge s credit rating to below investment grade last year, saying the company will have difficulty restoring profitability because of rising raw-material prices, political turmoil in the Middle East and a lingering construction slump in countries such as the U.S., Spain and Greece.