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WATCH: Can salary cuts save more jobs?
Momentum group economist Johann van Tonder talks about saving jobs during the pandemic
08 June 2020 - 07:52
The Treasury has warned of a jobs bloodbath, with the unemployment rate expected to surge by up to 50% due to the economic fallout from the coronavirus pandemic.
Momentum, however, says this can be avoided as it proposes salary cuts instead of retrenchments. ..
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