Embattled Sibanye could retrench 4,000 more workers
Gold miner prepares to slash its workforce for the third time in a year
11 April 2024 - 12:44
UPDATED 11 April 2024 - 20:43
Sibanye-Stillwater has announced additional restructuring at some of its SA gold mining operations that could result in 4,000 more job losses, underscoring the troubles facing the mining house, which recently wrote off almost R50bn worth of assets.
The company, the biggest employer in the sector, said about 3,000 permanent jobs and 915 contractors were are at risk. This means the group is slashing its workforce for the third time in a year...
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