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The New Age reports that concerns over retrenchments have been raised by the SA Commercial, Catering and Allied Workers' Union (Saccawu) before the expected merger between the Lewis Group and United Furniture Outlets (UFO).
Saccawu was due to make submissions to the Competition Tribunal on Wednesday on past retrenchments that have taken place at the Lewis Group since December 2016. Both Lewis Stores and UFO are retailers of household furniture and, when the transaction is concluded, Lewis Stores will control UFO. Following an assessment of the proposed merger, the Competition Commission said the deal was unlikely to raise significant competition concerns. However, Saccawu filed a notice to participate in the merger hearing, saying it was concerned about the effect of the proposed merger on the employees of Lewis Stores. Since December 2016, Lewis Stores has apparently been retrenching workers.
- Read this report by Thelma Ngoma in full at HTSyndication (The New Age)
Get other news reports at the SA Labour News home page