Mercedes-Benz South Africa plans to retrench 702 workers due to economic challenges.
Mercedes-Benz South Africa (MBSA) plans to retrench 702 workers, citing economic challenges such as deteriorating macroeconomic conditions, prolonged port issues, and rising fuel prices as reasons. The company has entered a consultation process regarding the restructuring of its manufacturing operations in East London, which may involve reducing shifts from three to two. This move could impact approximately 25% of its workforce at the East London plant.
June 13, 2024
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