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Agriculture

South Africa: Air Chefs plans to cut 118 jobs

Monday, 11 June 2018 18:06

(Ecofin Agency) - South African Airways (SAA)’s catering unit-Air Chefs- plans to cut 118 jobs over a total of 1,200 employees, the country’s National Union of Metalworkers of South Africa (NUMSA) revealed.

According to the organization, which stands against this measure, any restructuration operation should be subject to discussion within the entire SAA group and should not be decentralized. Moreover, NUMSA indicated that consultations with SAA’s Chief Executive Vuyani Jarana are expected to take place next June 15.

Let’s note that this job-cut strategy comes in a difficult context for the company which has been struggling to return into profitability since 2011 and lost about R5.6 billion during the 2016-17 financial year.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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