Sanyo to cut a thousand workers
Electronics company scales back unprofitable businesses ahead of an expected buyout
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Mine retrenchments could be cut by 60%, says Solidarity
Retrenchments in the South African mining industry could be reduced by 40% to 60%, Solidarity deputy general secretary Dirk Hermann said on Thursday.
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Aquarius to lay off 2 000 workers
Nearly 2 000 mine workers will lose their jobs following a decision by Aquarius Platinum to suspend operations at its Everest mine.
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eBay spends billions while cutting jobs
It is also buying a Danish online classifieds site, dba.dk, and a vehicles website, bilbasen.dk, for $390-million.
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