PnP shareholders should tighten their belts: Cosatu
By Abubaker Abrahams Trade federation Cosatu says it’s worried that the economic recession and “a crisis of profit” is being used by many of these corporate companies to retrench workers and erode workers’ rights. The union was responding to news of supermarket retailer Pick n Pay’s decision to cut 10% of their employees due to low profits and a sluggish economy. This means 3500 employees could lose their jobs through […]