Covid-19 retrenchments to spill into 2021, warn labour stakeholders
Business says as many as 4-million jobs could be lost to the pandemic
The jobs bloodbath caused by Covid-19 is expected to go up in 2021. The dispute resolution body the Commission for Conciliation, Mediation and Arbitration (CCMA) is already dealing with 985 large-scale retrenchment notices received from April to December last year.
The coronavirus pandemic has ravaged the economy which lost 2.2-million jobs last year and business expects the country to lose up to 4-million jobs as a result of the pandemic...