ARTICLES RELATING TO JOB CUTS

VW to cut as many as 4 000 jobs as part of digital transition

2019-06-05 10:46

Volkswagen's main car brand said it will cut as many as 4 000 general and administrative jobs in Germany - fewer than previously indicated - while adding at least 2 000 IT positions over the next four years and extending a job guarantee until 2029.

Union chastises SA Express over 'unilateral job cuts'

2019-04-05 20:21

The South African Transport and Allied Workers Union on Friday slammed SA Express acting CEO Siza Mzimela’s reported plans to cut jobs at the airline.

Sibanye Gold may cut over 6 000 jobs after losses

2019-02-14 19:38

Sibanye said earlier this week that it was considering shutting unprofitable shafts and cutting jobs at its South African gold mines amid a three-month-old wage strike that’s curbing output.

Thomson Reuters to cut 3 200 jobs by 2020, offer fewer products

2018-12-04 21:11

Thomson Reuters has announced plans to cut its workforce by 12% by 2020 as part of a push to reduce spending.

Job cuts kill towns

2018-08-26 07:42

Proposed retrenchments by Impala Platinum will have a devastating domino effect on communities and businesses.

Sword of Damocles hangs over miners' heads

2018-08-19 06:03

Only a fifth of those who could lose their jobs at South Deep mine, western Johannesburg, would be able to find other jobs.

Amcu warns Implats: Gloves will be off should job cut talks fail

2018-08-07 11:21

"We will hit where it matters most... [the] gloves will be off,” Joseph Mathunjwa, president of the Association of Mineworkers and Construction Union has warned Impala Platinum over looming job losses.

Job cuts, debt extensions on the cards for Eskom

2018-07-03 21:41

The cash-strapped power utility is reportedly considering asking for extensions on some of its debt, with management discussing laying off around 15 000 workers.

Gold mining bloodbath continues as Sibanye eyes 7 400 job cuts

2017-08-03 11:32

The mining bloodbath is continuing, with Sibanye Gold announcing a restructuring plan that could see about 7 400 jobs being cut.

AngloGold job cuts prelude to further job losses

2017-07-08 06:00

AngloGold’s move to cut thousands of jobs could be part of the next wave of job losses in the mining sector. Since 2012, the local mining sector has shed more than 70 000 workers.

 

Think before you trim, Sanef warns media houses on job cuts

2019-05-14 16:39

The South African National Editors Forum urged media companies to come up with more creative ways of rescuing their ailing businesses rather than resorting to job cuts.

Nomura job cuts begin as CEO unveils plan to save $1bn

2019-04-04 18:51

Nomura Holdings has unveiled plans to cut $1bn of costs at its struggling investment bank, firing dozens and pulling back from businesses as it embarks on yet another sweeping overhaul of its international operations.

Ramaphosa vows to address fears over job cuts at Eskom

2019-02-11 19:08

President Cyril Ramaphosa has pledged to address fears over job cuts at Eskom, adding that all South Africans must pull together to save to power utility - paying for electricity like they would for airtime.

After getting 3 000% wage hike, workers fired in Venezuela

2018-09-17 10:58

Venezuelan workers who earned a pittance are now earning a slightly larger pittance, thanks to a big increase in the minimum wage.

Job cuts will create more consultants, Cosatu warns

2018-08-19 10:13

Cosatu is warning that job cuts in the public sector will lead to a skills exit, leaving departments with no option but to rehire those who left to work as consultants.

Gold Fields punished as miner forced back to the drawing board on South Deep

2018-08-14 15:51

Investors dumped Gold Fields stock as the miner is forced to come up with another plan to save its massive South Deep mine after years of losses and failed turnarounds.

Eskom: We are not restructuring debt

2018-07-04 20:39

Eskom has fired back at reports that it is restructuring or extending its debt, or that it is planning to cut up to 15 000 jobs.

African Bank cuts 600 jobs to save R50m a year

2017-08-06 06:58

African Bank has reduced its staff complement by 636 full-time employees through a restructuring programme.

How to beat the unemployment blues

2017-07-30 13:01

We live in uncertain times and some people will unfortunately find themselves being retrenched. What is the best way to deal with such a situation?

GM’s exit won’t spark more divestment

2017-05-21 08:27

The withdrawal of General Motors (GM) from South Africa is unlikely to be the harbinger of a larger divestment from the heavily incentivised automotive sector.

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.