TERRY BELL, LABOUR ANALYST
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Multichoice is retrenching, Tiso Blackstar is retrenching, Standard Bank is retrenching, Murray & Roberts is retrenching. According to Daily Maverick, the list goes on and also mirrors the financial strain that many South African households are experiencing in the current economy. Corporates are also feeling the pinch as businesses battle to maintain turnover.
During such times, business owners are increasingly considering retrenchments, in an attempt to survive, but industry players say the current job market and the challenges they face go way past economics.
During such times, business owners are increasingly considering retrenchments, in an attempt to survive, but industry players say the current job market and the challenges they face go way past economics.
