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BusinessLive reports that despite its recent voluntary severance programme, Pick n Pay created almost 14,000 net new jobs over the past three years and intends creating 15,000 more in the next three years.
This was indicated by chairman Gareth Ackerman at the grocery chain’s annual general meeting on Monday morning. Pick n Pay has invested R5.3bn in opening and refurbishing stores and building its supply chain in the past three years. Ackerman indicated at the AGM that Pick n Pay worked with about 10,000 suppliers, and last year spent nearly R68bn with them, helping provide employment to more than 400,000 people. "In total, we believe at least 1-million people are directly affected by Pick n Pay by way of employment," Ackerman claimed, adding that 21,000 people were employed by Pick n Pay franchise owners.
- Read this report by Robert Laing in full at BusinessLive
- Read too, We need to place more focus on creating employment, says Pick n Pay, at Business Report
Get other news reports at the SA Labour News home page