Absa sticks by 'no retrenchments' promise
Absa has denied retrenchment rumours, saying employees affected by its restructuring will be given the chance to apply for new jobs at the company.
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NUM wants First Uranium CEO axed
The National Union of Mineworkers has urged First Uranium to fire its CEO after the mining company announced it might retrench 1800 mineworkers.
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Retrenchment benefits increase
Those facing retrenchment or retirement can look forward to better tax breaks from this year.
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Banks brace for home loan sales staff retrenchments
Retrenchments are looming in the home loan sales departments of two of South Africa's four major banks, media reports have said.
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Standard Bank 'arrogant' over retrenchments
Trade union Solidarity has accused Standard Bank of an "arrogant slap in the face" for employees facing retrenchment.
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SABC set to axe 13 senior managers
Senior managers at the SABC have been targeted for retrenchment as the public broadcaster sets about pruning its R78-million annual salary bill.
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Standard Bank to meet some demands over retrenchments
Standard Bank has made a proposal to meet some of the demands of Sasbo, the finance union, over retrenchments, the Labour Court heard on Thursday.
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Union takes bank to court over retrenchments
Finance union Sasbo filed papers with the Labour Court on Monday to obtain an urgent interdict against Standard Bank retrenching staff.
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Standard Bank: Low revenue behind retrenchments
A slowdown in revenue and the deterioration in cost-to-income ratio led to the bank retrenching more than 1 500 senior staff members, it says.
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Naspers mulls more retrenchments
Naspers is offering some editorial staff in its print business severance packages, a media report said on Wednesday.
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