Retrenchments to eat into Telkom earnings

2014-11-03 12:31

Telkom has slashed its half-year earnings forecast by up to 70% from a year ago, citing costs related to an ongoing restructuring process.

Telkom faces court action over planned job cuts

2014-07-09 08:24

Two unions representing some of Telkom SA's workers say they will take the landline provider to court over plans to slash jobs from a management layer.

Solidarity cautions Telkom about race

2014-07-04 05:00

Solidarity has warned Telkom not to use race in deciding which employees to retrench and its consulting its lawyers.

Low turnout at Amplats

2013-10-03 19:30

Anglo Platinum had a 20% worker turnout at its mines due to the ongoing strike about job cuts.

NUM takes Amplats to court over layoffs

2013-10-01 15:01

The National Union of Mineworkers says it will approach the Labour Court in Johannesburg to challenge Anglo Platinum's retrenchment procedures.

We didn't agree to Sibanye layoffs: NUM

2013-05-30 17:51

The NUM has refuted Sibanye Gold's assertions that it reached a deal with unions to retrench over 1 000 workers at its Beatrix West operations in the Free State.

NUM to oppose Amplats retrenchments

2013-05-11 14:06

The National Union of Mineworkers says it will oppose the revised retrenchment of 6 000 Amplats workers.

Shocked miners plan next Amplats move

2013-05-10 18:11

Mine workers at Amplats say they didn't expect any job cuts after the company announced its plans to axe 6 000 jobs, more than half down from the initial 14 000.

Miners won't stand for Amplats job cuts

2013-05-09 16:01

Mineworkers are threatening to bring Anglo Platinum operations to a halt, even if retrenchments are scaled back to 5 000 from the initial 14 000.

Amplats may scale back job cut plans

2013-05-03 08:39

Anglo Platinum, under pressure from the government, is expected to sharply scale back plans to cut 14 000 mining jobs, industry sources say.

We will fight Telkom retrenchments: union

2013-03-13 19:01

The Communication Workers' Union says that Telkom is "forcing" workers to accept voluntary retrenchment packages, but the parastatal has rejected this claim.

Job cuts 'only the beginning' - farm union

2013-02-07 10:24

Farmers have no choice but to restructure and cut costs to survive after the announcement of a new minimum wage, farmers' union TAU SA says.

Zuma equates mine closures to 'blackmail'

2013-02-05 07:30

President Jacob Zuma says that mining companies were almost engaging in blackmail when they announced plans to close mines and lay off workers.

ArcelorMittal cuts 1 300 Belgian jobs

2013-01-25 09:35

Steelmaking giant ArcelorMittal says it will shut down six cold-processing facilities in the Liege region of eastern Belgium, eliminating 1 300 jobs.

All quiet at Amplats mine

2013-01-20 13:05

The situation remains quiet at Anglo Platinum mines in Rustenburg, where 13 000 jobs are on the line, says a worker.

Nationalise Amplats mines - Amcu

2013-01-17 13:03

The government should nationalise Anglo Platinum if it continues with the proposed retrenchment of 14 000 workers to see if it will work on a small scale, union Amcu says.

Premier to hold talks with Amplats

2013-01-17 11:10

North West premier Thandi Modise will lead a provincial delegation to meet Anglo Platinum management on the proposed closure of four shafts.

Workers shocked by Amplats threat

2013-01-16 13:11

Amplats workers have refused to go underground as unions scrambled to their defence after news that up to 14 000 workers could be retrenched.

Renault to cut 7 500 French jobs

2013-01-16 08:28

Renault has announced plans to shed 7 500 jobs in France to become more competitive and prepare for the hiring of others with specific skills.

Lonmin job cuts may ignite more unrest

2012-11-01 08:59

Lonmin management and workers appear to be shaping up for a new battle after the strike-hit mining company said jobs would be lost.

eBay to cut 325 jobs amid restructuring

2012-10-31 07:52

US internet retail giant eBay says it will cut 325 jobs as part of a reorganisation of its PayPal financial division.

Solidarity takes on Sappi retrenchments

2012-10-17 11:57

Trade union Solidarity says it will do everything in its power to reduce the planned retrenchments at Sappi's Tugela Mill in KwaZulu-Natal before Christmas.

Union: Woolworths plans retrenchments

2012-09-06 18:35

Woolworths is planning to retrench almost 180 workers despite its earlier claims to the contrary, says the SA Commercial, Catering and Allied Workers' Union.

Sharp may add 3 000 workers to job cuts

2012-08-21 09:41

Embattled Japanese TV maker Sharp may cut a further 3 000 jobs on top of the 5 000 already announced, according to a source familiar with the discussion.


Sanral denies employee layoffs

2014-10-17 11:18

Sanral is not retrenching its employees and has not issued retrenchment letters, says its spokesperson Vusi Mona.

Unions take on Telkom over planned job cuts

2014-07-08 11:23

Two unions representing some of Telkom's workers are taking the landline provider to court over possible retrenchments.

My child's saving sacrifice

2014-06-25 07:37

Losing your job is hard, says a user whose little daughter was prepared to give up her savings for the month to tide the family over her mother's retrenchment.

Judgment reserved in Amplats case

2013-10-01 16:57

The National Union of Mineworkers says judgment has been reserved by the Labour Court in an application against Anglo Platinum's retrenchment procedures.

Sibanye Gold to retrench 1 110 workers

2013-05-30 09:03

Sibanye Gold will lay off 1 110 workers at its Beatrix West mine in the Free State and the toll could rise to 3 000.

Dark days for Amplats workers

2013-05-10 22:13

Unions are vowing to fight the 6 000 Amplats job cuts, with one saying it is a declaration of war and another reiterating its call to nationalise mines.

Amplats revises job losses to 6 000

2013-05-10 12:19

Top global platinum producer Amplats has announced it will cut 6 000 jobs at its South African operations, in a move that risks a new wave of labour unrest.

Tension as Amplats to unveil jobs plan

2013-05-09 09:33

Amplats, under pressure from the government, is to sharply scale back job losses as it tries to balance out cost cuts and the threat of labour unrest.

Telkom offering packages to workers

2013-03-12 07:49

Telkom, which employs around 21 000 staff, is to offer voluntary severance and early retirement packages to thousands of its employees, the company says.

Unions get tough with Anglo

2013-02-09 22:11

The planned retrenchments by Anglo Platinum must stop immediately, Cosatu and Num have demanded.

Thousands of farmworkers' jobs on line

2013-02-07 07:18

At least 2 000 farmworkers have been issued with retrenchment notices ahead of the implementation of a new minimum wage, a report says.

Amplats, govt consultations 'constructive'

2013-01-29 07:58

Anglo Platinum has had "constructive" consultations with the government about its restructuring exercise that could lead to 14 000 job cuts, CEO Chris Griffith says.

Financial Times to cut jobs

2013-01-22 13:28

The Financial Times plans to shed jobs as part of a plan to restructure the group to cut costs and focus primarily on its digital services, its editor says.

Miners face bleak future as job cuts loom

2013-01-18 07:53

With 14 000 job cuts threatened at Anglo Platinum mines, an army of men face the grim task of paying debts and supporting their families without any income.

Eskom hikes may devastate sugar industry

2013-01-17 12:32

Up to 35 000 sugar cane industry workers could lose their jobs if Eskom is granted a 16% tariff increase, warns the SA Cane Growers' Association.

Amplats: CEO cites JSE rules

2013-01-16 16:38

Anglo Platinum CEO Chris Griffith says JSE regulations on sensitive information prevents the company from being totally transparent, and it has to be careful about what information is made public.

Amplats CEO is arrogant, says Shabangu

2013-01-16 09:15

Mining Minister Susan Shabangu has accused Anglo Platinum CEO Chris Griffiths of arrogance, after the company warned of 14 000 possible retrenchments.

Lonmin retrenchments a last resort

2012-11-02 19:30

Lonmin Platinum has stated it would only retrench employees as a last resort, says Solidarity said after meeting with the company.

Lonmin warns of retrenchments

2012-10-31 17:33

Lonmin Platinum has put unions on notice that it is contemplating restructuring, which could include retrenchments, says the company.

UBS posts heavy loss, to cut 10 000 jobs

2012-10-30 09:52

UBS unveiled plans to wind down its fixed income business and fire 10 000 bankers in one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers.

RBS to cut further 300 jobs

2012-09-24 15:02

Royal Bank of Scotland has increased its target for job cuts at its investment banking business to 3 800 by the end of 2013, 300 more than previously anticipated.

Around 600 Woolies workers face axe

2012-08-27 08:45

About 600 Woolworths workers face retrenchments or early retirement if they choose to not sign the new flexible-hour contracts, according to a report.

Sharp to axe 5 000 jobs, first since 1950

2012-08-02 10:26

Sharp will slash 5 000 jobs by March, reports say, its first cuts since 1950 as it is hit by a prolonged slump in its key television and liquid crystal display sectors.

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