DStv Channel 403 Saturday, 02 November 2024

Hope to limit extent of Sibanye-Stilwater job cuts

JOHANNESBURG - Sibanye-Stillwater is hoping to limit the extent of job cuts.

It comes after it announced over 4,000 workers and contractors in its gold operations could lose their jobs.

READ: SIBANYE-STILLWATER SIGNALS 2,300 JOB CUTS

This is mainly due to lower production.

It also comes as wage negotiations are due to start.

Union NUM calls the layoffs 'shocking capitalist barbarism' and is calling for top management to resign.

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