Multichoice has joined the bandwagon of South African companies that are cutting jobs to stay afloat in these difficult times. Why are these South African companies retrenching staff? The satellite network stated that, although billions of rand in returns were reported for the 2018/2019 financial year, consumer behaviour and data on their digital self-service shows..
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These South African companies are retrenching staff in 2019 – Most probably BEE compliant as well – Unemployment has already soared to 27.5%
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Parmalat joined a growing list of private sector companies embarking on restructuring that could leave hundreds of its workers jobless
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The company announced a process to change it’s distribution model first in January and its implementation began in the middle of May. According to the company, the new model involved partially outsourcing components of its logistics distribution network to an external provider. Distribution services in Polokwane, Nelspruit, Bloemfontein, Upington and George have already been outsourced..
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