Samancor to cut 500 jobs – Solidarity
JOHANNESBURG (miningweekly.com) – Trade union Solidarity says a “major” restructuring process at Samancor Manganese’s Metalloys plant, in South Africa, will affect 500 employees in various sections of the company.
According to Solidarity, the manganese producer made the announcement in a Section 189 notice and would soon begin a consultation process under the direction of the Commission for Conciliation, Mediation and Arbitration, in which Solidarity had been invited to participate.
Solidarity metal industry head Marius Croucamp said in a statement the company had cited deteriorating market conditions and the resultant operational loss as reasons for the restructuring process.
“Solidarity is concerned about the high number of retrenchments that have taken place in various industries this year. A retrenchment storm is currently brewing in several industries and the metals industry is currently the worst hit.
“During retrenchment consultations, Solidarity tries to come up with workable solutions that would put these companies on a road to profitability once again. Our main purpose is to prevent the necessity of any employee losing his or her job,” he noted.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation