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NUM: Amplats showed its stakeholders the middle finger

NUM: Amplats showed its stakeholders the middle finger

11 May 2013 12:18 - Sapa
The National Union of Mineworkers will oppose the retrenchment of 6 000 workers at Anglo American Platinum, the union has said.
Amplats's planned job cuts raises Cosatu's ire

Amplats's planned job cuts raises Cosatu's ire

10 May 2013 20:02 - Sapa, Reuters,
The Congress of South African Trade Unions has expressed outrage over Anglo American Platinum's announcement that it will cut 6 000 jobs.
Minister shocked by Amplats's 14 000 job cuts

Minister shocked by Amplats's 14 000 job cuts

15 Jan 2013 17:13 - Sapa
Plans by Anglo American Platinum to cut 14 000 jobs has come as a shock to the government, said Mineral Resources Minister Susan Shabangu.
Standard Bank to cut jobs

Standard Bank to cut jobs

10 Nov 2012 12:41 - Reuters
Standard Bank has said it would cut up to 15% of its staff in London to save $100-million, as the bank scales back operations outside Africa.

Sappi to rejig business, slash jobs

07 Oct 2011 13:34 - Olivia Kumwenda
Paper maker Sappi says it will be cutting jobs and restructuring its operations to rein in costs and focus on higher margin businesses.

HSBC confirms 30 000 jobs will go

02 Aug 2011 07:32 - Staff Reporter
HSBC's new chief executive says the positions will go worldwide over the next three years after announcing first-half profits up 3% to $11.5-billion.

Economic crisis could lead to 300 000 job losses

05 May 2009 16:30 - Staff Reporter
The economic crisis could lead to over 300 000 job losses, economist Mike Schussler said in the 8th United Association of SA Employment Report.

UDM: Government must drive economic liberation

30 Apr 2009 10:03 - Staff Reporter
The leader of the United Democratic Movement, Bantu Holomisa, has taken the opportunity of Workers Day to savage the government's economic policies.

DA slams government over company closures

29 Apr 2009 15:54 - Staff Reporter
The DA has castigated the government for its failure to act to prevent companies going into liquidation, thereby throwing people out of work.

Motor industry loses thousands of jobs in 2008

25 Mar 2009 12:18 - Staff Reporter
The motor manufacturing industry lost 2 566 jobs in 2008, the National Association of Automobile Manufacturers of South Africa said on Wednesday.

Japan megabank to cut 1 000 jobs

23 Mar 2009 11:50 - Staff Reporter
Japan's biggest bank Mitsubishi UFJ Financial Group said on Monday that it would cut 1 000 jobs and close 50 branches over three years.

Nokia to cut another 1 700 jobs

17 Mar 2009 16:21 - Terhi Kinnunen
Nokia, the world's leading cellphone maker, said on Tuesday it planned to cut another 1 700 jobs worldwide.

Miners allegedly fired over refusing HIV test

11 Mar 2009 09:05 - Staff Reporter
More than 100 workers at Xstrata Alloy's smelter in Rustenburg in the North West have been fired.

Zuma: Tourism industry must protect jobs

03 Mar 2009 14:08 - Staff Reporter
The tourism industry should do "everything possible" to protect jobs in light of a "looming recession", ANC president Jacob Zuma said on Tuesday.

Downturn costs 8 200 mining jobs in Zambia

02 Mar 2009 16:35 - Staff Reporter
About 8 200 mining jobs in Zambia have been lost since December as the global economic crisis sends copper prices down.

De Beers halts mining in Botswana

24 Feb 2009 19:13 - Staff Reporter
The world's diamond giant is halting mining in Botswana for the next seven weeks as the global recession takes it toll on gem demand.

DA says Manuel must rush to save jobs

24 Feb 2009 18:38 - Staff Reporter
The DA on Tuesday said Finance Minister Trevor Manuel and government's new economic task team must act faster to save local jobs.

Solidarity hits back at Lonmin job cuts

24 Feb 2009 15:08 - Staff Reporter
Solidarity on Tuesday hit back at Lonmin which earlier said it had reached "an agreement" with trade unions to retrench 4 000 employees.

Obama makes showpiece Congress address

24 Feb 2009 13:28 - Staff Reporter
President Barack Obama is on Tuesday to use the grand political stage of his debut address to Congress to counsel a nation gripped by economic fear.

Dark times befall China's drifting migrants

23 Feb 2009 15:30 - Staff Reporter
The farmlands of central China hold no future for Li Honglin, but she's trapped there until word comes from a clothing factory where she used to work.

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