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Pick n Pay's retrenchments plans schocking - COSATU - Politicsweb;

Pick n Pay's retrenchments plans schocking - COSATU - Politicsweb

PoliticswebPick n Pay's retrenchments plans schocking - COSATUPoliticswebCOSATU is shocked by the recent reports by Pick n Pay that it is planning to cut 10% of its workforce. This means that up to 3 500 jobs will be lost and thousands of peoples livelihoods will be compromised. This is regrettable considering the fact that ...and more »

Pick n Pay opts to slash jobs - Business Day (registration);

Pick n Pay opts to slash jobs - Business Day (registration)

Business Day (registration)Pick n Pay opts to slash jobsBusiness Day (registration)The Pick n Pay share price recovered to close stronger on Monday following news the half-year earnings figure would take a hit from the most severe staff reduction programme yet implemented at the retail group. The share price initially fell 3.4% to ...and more »

Pick n Pay CEO: We had no choice but to offer voluntary retrenchment - Eyewitness News

Pick n Pay CEO: We had no choice but to offer voluntary retrenchmentEyewitness NewsThe company has confirmed that workers were offered packages as the company cites harsh economic conditions. Picture: Supplied. Pick n Pay · Retrenchments. Email; Print. Share · Ray White | about an hour ago. JOHANNESBURG - Pick n Pay CEO ...and more »

Leading South African retailer Pick n Pay sheds 3500 jobs - Economic Times;

Leading South African retailer Pick n Pay sheds 3500 jobs - Economic Times

Economic TimesLeading South African retailer Pick n Pay sheds 3500 jobsEconomic TimesJOHANNESBURG: One of South Africa's largest retailers Pick n Pay on Monday said it had cut around 3,500 jobs -- 10 percent of its workforce -- in a bid to curb costs in an economy battling a recession. "The voluntary severance programme is one of ...and more »

Pick n Pay slashes 3500 jobs - News24;

Pick n Pay slashes 3500 jobs - News24

News24Pick n Pay slashes 3500 jobsNews24Pick n Pay has cut 3500 jobs as part of a voluntary severance programme the retailer started in April to save costs amid a recession. The job cuts – equal to 10% of the retailer's total workforce of 35 000 – were due to changes in Pick n Pay's business ...and more »

Pick n Pay sheds thousands of jobs in voluntary severance programme - DestinyConnect;

Pick n Pay sheds thousands of jobs in voluntary severance programme - DestinyConnect

DestinyConnectPick n Pay sheds thousands of jobs in voluntary severance programmeDestinyConnectIn an effort to improve operating costs and to ensure future sustainability, South African retailer Pick n Pay Stores Limited announced on Monday that it had cut thousands of jobs in a voluntary severance programme (VSP) initiated in April 2017. As a ...and more »

Short-term pain as retrenchments hurt Pick n Pay's half year earnings - BizNews;

Short-term pain as retrenchments hurt Pick n Pay's half year earnings - BizNews

BizNewsShort-term pain as retrenchments hurt Pick n Pay's half year earningsBizNewsAfter an initial pull back, Pick n Pay's share price jumped more than 3 percent by noon on Monday. The grocery chain expects half year earnings to fall 10-20 percent after a voluntary severance programme saw it cut back 10 percent (or 3,500) of its ...and more »

BREAKING: Pick n Pay to cut over 3000 jobs - Independent Online;

BREAKING: Pick n Pay to cut over 3000 jobs - Independent Online

Independent OnlineBREAKING: Pick n Pay to cut over 3000 jobsIndependent OnlineBloomberg - Pick n Pay Stores Ltd eliminated thousands of positions as South Africa's second-biggest supermarket chain further reduces costs to help combat waning consumer confidence and increasing competition. The retailer removed about 10% of its ...and more »

Pick n Pay to cut 3500 jobs - Times LIVE;

Pick n Pay to cut 3500 jobs - Times LIVE

Times LIVEPick n Pay to cut 3500 jobsTimes LIVEPick n Pay is cutting 10 percent of its staff, eliminating approximately 3,500 jobs, the grocer said on Monday, as the country grapples with its first recession in eight years. Most of South Africa's retailers have flagged lower or stagnant profits as ...and more »

SA's Pick n Pay Workers vs Technology Leads to Job Cuts - Techfinancials.co.za (blog);

SA's Pick n Pay Workers vs Technology Leads to Job Cuts - Techfinancials.co.za (blog)

Techfinancials.co.za (blog)SA's Pick n Pay Workers vs Technology Leads to Job CutsTechfinancials.co.za (blog)“These roles and functions were no longer required due to improvements in organisation, planning and technology.” By. Gugu Lourie. -. July 31, 2017. 355. Share on Facebook · Tweet on Twitter ...and more »

Technology is killing jobs at Pick n Pay – but that's not the whole story - BusinessTech

Technology is killing jobs at Pick n Pay – but that's not the whole storyBusinessTechRetailer Pick n Pay said in business and trading statement on Monday that it has removed a chunk of its roles and functions due to improvements in technology, among other things. “Through its work to improve the efficiency and productivity of its ...and more »