Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

newsIn the course of a broader article on mining retrenchments, Business Times summarised retrenchment consultations known to be underway or to have been completed.

According to the report, Wesizwe Platinum is the latest miner to announce it will enter into section 189 consultations at one of its mines, Bakubung, to restructure operations – a move that could potentially affect 571 employees. Sibanye-Stillwater said the week before last that it had managed to limit layoffs at its Kloof 4 shaft, a gold operation in Westonaria, to 575 employees. It also warned in October that it might cut more than 4,000 jobs at its struggling local platinum group metals (PGM) operations. Anglo American is restructuring its global corporate office, including in SA. Its subsidiary Kumba Iron Ore is also cutting jobs. In September, Seriti Resources’ Klipspruit mine and Glencore’s iMpunzi coal complex announced job cuts, blaming Transnet Freight Rail’s underperformance, which has resulted in lower volumes being railed to ports. Steelmaker ArcelorMittal SA is closing operations in Newcastle and Vereeniging. About 3,500 jobs are on the line. The SA Post Office’s business rescue plan has been approved by creditors and will result in branches being reduced by 600, with 6,000 workers losing their jobs. Packaging manufacturer Nampak has announced it will decrease headcount across the entire organisation. Telkom announced in June that 1,200 employees had accepted voluntary severance packages as part of a restructuring process.

  • Read the full original of the report in the above regard by Dineo Faku at Business Times (subscriber access only)


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