S.Africa's Steinhoff furniture unit to slash 4,110 jobs: union - CNBC Africa

S.Africa's Steinhoff furniture unit to slash 4,110 jobs: union

Southern Africa

by Reuters 0

Jobs cuts looming at Steinhoff's furniture unit. PHOTO: Wikipedia

The South African furniture retail unit of Steinhoff International plans to cut 4,110 jobs as it closes stores as part of structural changes to revamp the ailing retailer, a trade union said on Monday.

The unit, JD Group, last week served notice that proposes restructuring expected to affect 4,110 workers, the South African Commercial, Catering and Allied Workers Union said in a statement.

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