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barloworld retrenchments 2020

Numsa accuses Barloworld of unfair retrenchment process

Barloworld Limited

 · The Group expects to release its interim results for the six months ended 31 March on 30 June . Please refer all investor relations queries to: Zanele Salman - Head of Investor Relations . [email protected] +27 11 445 . on . 28 May . Sponsor . Nedbank Corporate and Investment Banking, a division of Nedbank Limited ...Barloworld Limited (Incorporated in the Republic of South Africa) (Registration number //06) ... a Group-wide remuneration sace plan and retirement fund payment holiday, implemented on 1 May , retrenchments, the deferment of non-essential capex, a … · Barloworld retrenchments are short-term thinking. ... But in the preliminary financial results for the six months to 31 March , Barloworld Group chief executive Dominic Sewela pinpointed the forecast of a revenue shortfall and reduced operating profits of R1.2 billion in . Sewela also highlighted a number of measures that were.

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Solidarity to Oppose The Racist Plunder & Consumption of

 · Numsa says its combat with supplier Barloworld Equipment will not be over. The Labour Court has dismissed Numsa's pressing utility to cease retrenchments at Barloworld's enterprise. Barloworld started the retrenchment course of due to its tools enterprise declining following the Covid-19 pandemic and lockdowns within the territories it operates in. Numsa …Barloworld is an industrial processing, distribution and service Company which distributes leading international brands. In our OEM businesses we provide integrated rental, fleet management and product support through offering flexible, value adding, and innovative business solutions to our customers backed by leading global brands. · Solidarity's court action follows the issuing of retrenchment notices by Barloworld on 17 August in which it became clear that race plays a pertinent role. Solidarity also says trade unions were not consulted over the retrenchment criteria which are based on race.

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Barloworld retrenchments to continue after Numsa loses

 · MONEYWEB

 · Numsa says its combat with supplier Barloworld Equipment will not be over. The Labour Court has dismissed Numsa's pressing utility to cease retrenchments at Barloworld's enterprise. Barloworld started the retrenchment course of due to its tools enterprise declining following the Covid-19 pandemic and lockdowns within the territories it operates in. Numsa … · MONEYWEB - COMPANIES & DEALS / 01 JULY - 05.00 / ROY COKAYNE Will exit logistics and has put its automotive arm under 'business review'. More than 2 500 people in the automotive and logistics divisions of JSE-listed distribution group Barloworld are to be retrenched because of the impact of Covid-19. The group is targeting a head office reduction of about 47%. · Retrenchments at Barloworld Equipment are continuing following the Labour Court's dismissal of the National Union of Metalworkers' urgent application to halt the process and reinstate its members, says a News24 report.. Numsa had approached the court, saying that Barloworld's retrenchments of its 950 members of staff at its business resulted from a flawed retrenchment.

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Barloworld retrenchments to continue after Numsa loses

Barloworld Limited

 · Barloworld's share price declined 11.99% to close at R69, having fallen 37.4% so far in . The company has a market capitalisation of R13.8bn. Correction: June 30  · Numsa loses court battle to halt Barloworld retrenchments News24 20 Oct Retrenchments at Barloworld Equipment are continuing following the Labour Court's dismissal of the National Union of Metalworkers' urgent application to halt the process and reinstate its members. · Barloworld argued that restructuring and retrenchment processes were the only viable option to sustain it through a Covid-19 induced sharp global recession that is projected to be prolonged. Related article: Barloworld retrenchments are short-term thinking; But the National Union of Metalworkers of South Africa (Numsa) does not agree.

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Barloworld to cut more than 2 500 jobs

 · Published: 20/10/ 8:40 PM; ... Numsa had approached the Labour Court earlier this month, saying that Barloworld's retrenchments of its 950 members of staff at its business resulted from a flawed retrenchment consultation process and the workers should be reinstated. · MONEYWEB

Court will reinstate you and you will receive a salary for August . If MISA is unsuccessful with its application, you will still receive payment, as per the letter of retrenchment that Barloworld furnished to you on or about 31 July . Should you have any questions, please do not hesitate to contact the following or call our · South Africa: Barloworld Retrenchments Are Short-Term Thinking. 17 August . New Frame (Johannesburg) By Woodrajh Aroun, Anastasya Eliseeva. · Barloworld Limited (Incorporated in the Republic of South Africa) ... have decided to institute group-wide retrenchments, in addition to the 12 month remuneration sace plan ... implemented on 1 May . Retrenchment processes are expected to be completed by the end of ….

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Barloworld staff suffers from retrenchment effects

Integrated report . Interactive integrated report; GRI content index; Integrated report (10MB) Annual consolidated financial statements (2MB) AGM (5MB) Form of Proxy and Electronic Participation Form (80KB)Barloworld is an industrial processing, distribution and service Company which distributes leading international brands. In our OEM businesses we provide integrated rental, fleet management and product support through offering flexible, value adding, and innovative business solutions to our customers backed by leading global brands. · Barloworld staff suffers from retrenchment effects Magnificent Mndebele from New Frame indicated that the future of thousands of former employees and trainees looks decidedly bleak after being retrenched.

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