AB InBev starts the cull at SAB
Glass half full for workers at AB InBev and Coca-Cola
AB InBev is allowed to offer certain employees severance packages, though the two firms may not now retrench staff
Minister of economic development Ebrahim Patel could teach US president Donald Trump a thing or two about protecting jobs (creating them is another thing). The conditions Patel and the competition authorities attached to approval of the two highest-profile mergers that were ruled on last year have made a huge difference to the job prospects of thousands of workers in SA. Those conditions won’t prevent Coca-Cola Beverages SA (CCBSA) or Anheuser-Busch InBev from restructuring their operations, but they do prevent them from making easy casualties of workers. AB InBev, which is not accustomed to being restrained when it comes to slashing costs, has had to tread with some agility around its plans to bring the local operations into line with the ascetic conditions that prevail in the rest of its global business. But the company is nothing if not determined. And so for the first time ever the entire cohort of middle-and upper-level managers at SA Breweries were invited to consider taking a...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.