Mining minister to look into job cuts

2015-05-15 17:28

Mines minister Ngoako Ramatlhodi is alarmed at the rate of retrenchments in the mining sector and will set up a committee to look into the job losses.

Jobs on the line as Telkom plans to close shops

2015-02-16 15:42

Retrenchments could hit the phone company as it plans to shut down several stores and restructure other parts of its business.

Halliburton to cut up to 8% of workforce

2015-02-11 19:45

Halliburton says it would cut up to 8% of its global workforce in response to crashing oil prices that have depressed petroleum industry investment.

American Express to cut 4 000 jobs

2015-01-22 09:00

American Express plans to cut its workforce to reduce costs, its saying the company will take a $313m charge from its accounts to cover the costs of the layoffs.

Harmony may cut jobs as gold slumps

2014-11-05 10:43

Harmony Gold has reported a further quarterly loss and suggested it might have to cut jobs as it contends with a depressed gold price and operational problems.

Hundreds of Telkom managers leave

2014-10-24 16:09

More than 300 managers at Telkom have left the company voluntarily as part of a restructuring process, Solidarity says.

Telkom issues retrenchment letters

2014-10-10 21:00

Telkom has issued retrenchment letters to 105 staff members, according the Communication Workers' Union.

Solidarity to tackle TIA layoffs

2014-09-25 20:18

Solidarity says it will do everything in its power to limit the planned layoffs at the state-controlled technology company TIA.

BHP Billiton to cut 700 jobs in Australia

2014-09-23 13:39

Anglo-Australian mining giant BHP Billiton says it will lay off 700 workers at coal operations in central Queensland in a bid to seek cost efficiencies.

Sibanye could cut over 2 000 jobs - sources

2014-09-12 07:00

Mining giant Sibanye Gold is set to drop the axe on up to 2 500 jobs at its Cooke 4 mine, according to two sources.


France's Areva to cut 1 500 jobs in Germany

2015-03-12 19:15

French nuclear group Areva, which has incurred massive losses, is looking to cut around 1 500 jobs in Germany by the end of 2017.

Telkom denies up to 10 000 could lose jobs

2015-02-16 14:10

Fixed-line phone operator Telkom is planning "major restructuring" that could result in up to 10 000 job losses, says Solidarity Union.

Siemens to slash 7 400 jobs - source

2015-02-05 19:15

German engineering giant Siemens is planning to cut around 7 400 jobs, perhaps 3 300 in Germany as part of on-going mass restructuring plan.

AngloGold Ashanti plans to cut jobs

2014-11-11 13:15

AngloGold Ashanti is planning to cut staff through voluntary severance packages as the bullion producer feels the pinch of lower gold prices and rising costs.

Rolls Royce to cut 2 600 staff

2014-11-04 16:45

British engineer says it will cut 2 600 jobs over the next 18 months, slashing costs just three weeks after a major profit warning.

UK's Lloyds to cut 9 000 jobs over next 3 years

2014-10-23 09:30

Lloyds Banking Group will next week announce plans to cut 9 000 jobs over the next three years, according to sources.

5 000 jobs on the line at Hewlett-Packard

2014-10-06 19:09

Hewlett-Packard would eliminate another 5 000 jobs as part of its turnaround plan after saying it would split into two listed companies.

Solidarity to tackle TIA layoffs

2014-09-25 20:05

Solidarity says it will do everything in its power to limit the planned layoffs at the state-controlled technology company TIA.

Sibanye, unions to start talks on job cuts

2014-09-12 15:36

Sibanye Gold says it is set for talks with unions about possible job cuts at its Cooke 4 mine, but NUM has threatened to strike if the mine tried to trim staff.

MTN, Solidarity to discuss layoffs

2014-08-29 17:56

Cellphone network service MTN and trade union Solidarity will meet over the company's plans to retrench managerial staff in South Africa, Solidarity says.

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