Workforce Holdings swings into a loss as Covid-19 hits job numbers
Employment services group says it is beginning to see a normalisation of demand for services
21 August 2020 - 07:40
UPDATED 21 August 2020 - 15:07
Employment services company Workforce Holdings swung into a loss in its half-year to end-June, as Covid-19 shuttered parts of the economy and reduced demand for staff.
Workforce, which provides staffing, outsourcing and training services, is more optimistic about its prospects in the rest of Africa, said CEO Ronny Katz, while the group also expected to benefit from its cost-cutting measures...
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Commenting is subject to our house rules.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now