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Johannesburg - Retailer Pick n Pay Stores [JSE:PIK] said on Wednesday that due to operational requirements, it is contemplating the retrenchment of about 3 137 workers within its non-management bargaining unit.
Pick n Pay operations director Neal Quirk said that the decision had been taken "after a great deal of thought".
It was in reaction to a major problem: that of declining profitability and the loss of market share.
"The decision was not taken lightly but was required to ensure the viability of our retail business and our employees into the future," he said.
"We've worked hard at looking at possible alternatives that may reduce the number of full-time people affected and these options will be discussed during our consultation process with the union," he said.
The group said that in terms of Section 189A and 189 (3) of the Labour Relations Act, it had communicated with the South Africa Commercial, Catering and Allied Workers Union.
Pick n Pay operations director Neal Quirk said that the decision had been taken "after a great deal of thought".
It was in reaction to a major problem: that of declining profitability and the loss of market share.
"The decision was not taken lightly but was required to ensure the viability of our retail business and our employees into the future," he said.
"We've worked hard at looking at possible alternatives that may reduce the number of full-time people affected and these options will be discussed during our consultation process with the union," he said.
The group said that in terms of Section 189A and 189 (3) of the Labour Relations Act, it had communicated with the South Africa Commercial, Catering and Allied Workers Union.
