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Can salary cuts save more jobs?

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Treasury has warned of a jobs bloodbath. That’s as it expects the jobless rate to surge by up to 50% due to the economic fallout from the coronavirus pandemic. Momentum, however, says this can be avoided as it proposes salary cuts instead of retrenchments. Business Day TV touched base with one of the group's economists, Johann van Tonder and he shared more of the detail.
5 Jun 2020 2AM English South Africa Business · Business News

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