Job cuts expected at SAB

[Vox Populi Vox Dei]

Yet another major corporate – AB InBev’s South African Breweries (SAB) unit – is looking at cutting jobs, in the face of tough economic conditions in the country.

Moneyweb has learnt that between 300 and 500 jobs could be on the line at SAB, after being alerted by worried workers who received Section 189 letters on January 31, proposing termination of their employment.

“Many of us have received letters saying our jobs could be cut and this has caused panic and confusion, especially for those who have been working at SAB for years,” said one worker on condition of anonymity.

The move has not only surprised workers but the Food and Allied Workers Union (Fawu), which noted that SAB agreed not to embark on mass retrenchments for five year after its former parent company SABMiller merged to become part of Belgian-based global brewing giant AB InBev in 2016.

Fawu Deputy General Secretary Mayoyo Mngomezulu tells Moneyweb that the union is set to thrash out the matter at the Commission for Conciliation, Mediation and Arbitration (CCMA) on Wednesday.

“This is just not on and we are going to fight this move by SAB…. We have no doubt that the planned retrenchments are in some way linked to the 2016 merger and that the group’s foreign owners want to cut jobs in order to maximise profits.”

Job cuts expected at SAB

Around 500 workers received Section 189 letters on January 31 proposing termination of their employment.

www.moneyweb.co.za

 

[maumau]

Now this is unexpected - I would've expected people to drink more when they're stressed. I do....
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unless they've changed to drugs

 

[R4ziel]

Now this is unexpected - I would've expected people to drink more when they're stressed. I do....
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unless they've changed to drugs

I do drink more, but nothing related to SAB, whoever makes and sells Amstel Lager, is definitely being supported by me quite often

 

[ToxicBunny]

Mayoyo Mngomezulu you unutterable retard, these retrenchments have fek all to do with the merger in 2016, and everything to do with the state of the economy right now.

 

[NarrowBandFtw]

I do drink more, but nothing related to SAB, whoever makes and sells Amstel Lager, is definitely being supported by me quite often

that would be Heineken fwiw

Age Gate - THC

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[joshuatree]

Damn, seems Namibia Breweries even has problems.

Rather Windhoek, Tafel etc.

Reinheitsgebot - Wikipedia

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