Sibanye-Stillwater retrenchment plans could lead to the loss of around 2,000 mine workers in Free State and Gauteng. The company has blamed Eskom and operational challenges as the leading reasons for the planned job losses.
Sibanye-Stillwater, a South African gold mining company, has announced plans to adjust its gold operations. This change could result in the loss of more than 2,000 workers.
Unions have criticised this news. They have called the possible job losses a “form of punishment” for the long strike at Sibanye’s operations during this year. Presently, the mining sector in South Africa has already cut down its workforce to more than 400,000. As the largest employer in the industry, Sibanye could have a substantial impact on South Africa’s economy.
Sibanye has said that it is speaking with stakeholders to lessen the possible job losses and look for alternatives to downscaling procedures.
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