Browsing: Dirk Hermann

Absa on Thursday denied claims that it was firing 3000 staff members. “Absa confirms that there is no mass retrenchment being undertaken within the company,” spokesman Ajith Bridgraj said in a statement. “Absa has and will continue to evolve its systems and processes, which sometimes lead to very limited job losses

Absa denied rumours on Thursday that it is planning mass retrenchments to cut costs. Employees affected by its restructuring process, were being given the opportunity to apply for positions across the group, it said. It was responding after Solidarity challenged Absa CEO Maria Ramos to confirm or deny rumours