Jobs cut as consumer strain evident in Cashbuild earnings
28 February 2024 - 13:09
UPDATED 28 February 2024 - 20:02
Building materials retailer Cashbuild cut 500 jobs or about 8% of its workforce in 2023, as it placed a moratorium on replacing staff who left.
CEO Werner de Jager said the number of employees had “unfortunately” been reduced to 5,700, but the group avoided retrenchments or forced cuts...
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