Johannesburg - About 600 Woolworths Holdings [JSE:WHL] workers face
retrenchments or early retirement if they choose to not sign the new flexible-hour
contracts, according to a report on Monday.
Human resource officers from Woolworths visited stores in
KwaZulu-Natal last week to inform fixed-shift staff that in order to
accommodate the company's 365-days-a-year trading policy staff would be switched
to flexible shifts, the Star reported.
The newspaper reported that the company had 20 000 permanent
employees countrywide for their 400 stores.
Chief operating officer Sam Ngumeni told the Star that
affected workers had been given three options: to work flexible hours, leave
with voluntary severance payment or for those over 50, take early retirement.
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