Pick n Pay created 14,000 new jobs in three years, says chairman
Despite its recent voluntary severance programme, Pick n Pay created almost 14,000 net new jobs over the past three years and intends creating 15,000 more in the next three years, chairman Gareth Ackerman said at the grocery chain’s annual general meeting on Monday morning.Pick n Pay has invested R5.3bn in opening and refurbishing stores and building its supply chain in the past three years."By doing so Pick n Pay has been able to create almost 14,000 net new jobs," Ackerman said in his address at the AGM.After Pick n Pay announced its voluntary severance programme in 2017, competitor Shoprite started marketing itself as SA’s largest private-sector employer, making a point of highlighting how many new jobs it had created in its financial statements.Shoprite said it added 6,027 new positions during its 2017 financial year, and a further 4,254 during the six months to end-December, bringing its total to more than 148,000.Pick n Pay’s recent results, in contrast, have not made it clear...
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