Hulamin Extrusions mulls lay-offs
In a letter to staff, the company says it will take final decision on retrenchments after consultation with affected employees
Hulamin Extrusions, a division of aluminium group Hulamin Ltd, on Tuesday sent out retrenchment notifications to a number of its workforce, a source familiar with the process said. The subsidiary, which provides aluminium extrusion products, operates out of two plants in Olifantsfontein in Gauteng and Pietermaritzburg, in KwaZulu-Natal and employs about 400 people, which equates to about 20% of total group employment. In a letter to affected employees, Hulamin Extrusions said it was considering closing the Olifantsfontein facility and restructuring the Pietermaritzburg plant and support services operations. The source, who declined to be named, said the company could lay off as many as 200 employees. This could not be verified with Hulamin as attempts to get comment from the firm were not successful. According to one of the letters issued to the employees, a copy of which Business Day has seen, the consultation over the retrenchments is set to commence on Wednesday and will be fi...
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