
A number of big companies are cutting jobs – What this says about the state of economy?
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GUEST – Andrew Levy, labour economist
South Africa is seeing a wave of job cuts by major companies from mining to manufacturing. But what do these retrenchments reveal about the true state of the economy?. Are we facing a structural problem in the labour market, or is this part of a global trend of companies tightening belts?
South Africa is seeing a wave of job cuts by major companies from mining to manufacturing. But what do these retrenchments reveal about the true state of the economy?. Are we facing a structural problem in the labour market, or is this part of a global trend of companies tightening belts?