Lowering the headcount to 4,138 at most, less than a target of 6,000 jobs.
Anglo American Platinum (JSE:AMS) the world’s biggest producer of the metal, reduced the number of jobs it planned to cut in South Africa by 31% following talks with labor organizations, a union official said.
Amplats, as the Johannesburg-based company is known, agreed with unions to lower its headcount by 4,138 at most, less than a target of 6,000 jobs announced in May, Alwyn van Heerden, head of platinum at trade union UASA, said by phone. Talks with unions about the reductions ended today, and Amplats and labor organizations will work through applications for voluntary retrenchment packages and redeploy workers to existing vacancies until the end of the month, he said. This may result in less then 300 forced cuts, he said.
“At this stage the situation seems much better,” he said.
via Anglo Platinum job-reduction target cut by 31% – Mining | Moneyweb.
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