About 1,100 workers at Evraz Highveld Steel may lose their jobs as the company struggles to survive. Already issued 189 notifications.
Evraz Highveld Steel CEO Johan Burger confirmed that up to 1,100 employees, or 50 percent of the firm's workforce, faced the possibility of job losses. He said that Evraz's steel production at eMalahleni, Witbank had become burdensome for the company as a result of the crisis and called on the state to support the struggling steel industry.
Burger said: “Local contracts and government spending should act as stimuli for domestic demand. If you want a successful economy, you need to support the manufacturing sector. " In accordance with the Labor Relations Act, the Company can initiate layoffs subject to certain requirements. Evraz Highveld was placed under a business rescue program in April.
Evraz Highveld Steel to Cut 1100 Jobs in South Africa
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Azovpromstal® 16 August 2015 г. 12:00 |
