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South Africa’s Sibanye / To cut another 2 000 jobs

Dual-listed Sibanye Gold was set to shed a further 1 500 to 2 000 jobs through “rightsizing” the organisation, as it continued the restructure that enabled the group to bounce back from subpar performance during the second half of last year.

Sibanye on Tuesday posted headline earnings of R880.8-million for the six months to June, which was a substantial increase on the R453.4-million recorded during the six months to the end of December.

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Capture d’écran 2013-08-15 à 08.12.13

via Sibanye looking to cut another 2 000 jobs as restructure bears fruit

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