Unions to meet to discuss plan of action over rampant retrenchments - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Unions to meet to discuss plan of action over rampant retrenchments via SABCNewsOnline

About 10 big companies which are reportedly planning to retrench thousands of workers have been trending on social media.

Two main labour union federations are this week meeting with their affiliates to discuss a plan of action in response to loomingAbout 10 big companies which are reportedly planning to retrench thousands of workers have been trending on social media.Mining and labour analyst Mamokgethi Molopyane says…

“This looks bad but it’s not surprising, I think at home in South Africa we tend to be shocked by retrenchments when they are happening but when you look at past 18-months in terms of how the economy has performed compared to other economies that has the same characteristics such as Brazil, you would realise that we are at the weaker end of it.”

 

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