Union threatens strike at Massmart over retrenchments
This week, Saccawu said it had ‘exhausted all efforts intended to convince Massmart’ to stop the retrenchments
24 March 2021 - 18:10
The SA Commercial, Catering and Allied Workers Union (Saccawu) is threatening to embark on industrial action at struggling retail giant Massmart over potential retrenchment that could result in more than 100 workers losing their jobs.
Massmart, owned by the world’s largest grocer, Walmart, is grappling with a R6bn sales hit from the global Covid-19 pandemic. It announced a turnaround plan in January 2020 as well as the potential closure of 34 DionWired and Masscash stores, in a bid to stay afloat and save much-needed jobs...
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