workforce reduction

US Agencies Defy Musk’s Ultimatum on Employee Performance Reports

Several U.S. federal agencies have instructed employees to ignore a directive from President Donald Trump’s adviser, Elon Musk, demanding they submit a list of accomplishments within a week or face termination. In an Al Jazeera report, the agencies issued internal memos on Sunday, just a day after Musk’s team sent the ultimatum to hundreds of thousands of federal workers, giving them 48 hours to comply. Musk, who leads the Department […]

February 24, 2025 12

Namibia

MUN to Negotiate Kombat Mine Retrenchments

The Mineworkers Union and Kombat Mine will enter negotiations on the conditions surrounding the retrenchment of 533 workers. One Africa TV’s NewsOnOne journalist, Hertha Ekandjo, reports that this comes after the mine initially intended to carry out the retrenchments without consulting the union. Amupweya told our reporter Hertha Ekandjo from NewsOnOne that such conditions are important for a fair process, and would not have been possible had persisted with its […]

February 14, 2025 33

World

Fewer than five per cent of US federal workers take payout scheme to resign

The Trump administration will have 75,000 fewer federal workers by September, as part of a payout scheme. They've decided that people must return to in-person work and offered a deal to those who don't want to. Caroline Malone reports.

February 14, 2025 37

Business / Economics

Oil giant Chevron slashing up to 20% of its global workforce

Mass layoffs coming to Chevron. The oil major says it's slashing up to 20% of its global workforce as part of a cost-cutting effort. It's the last oil and gas company to cut headcount among lower prices. Toni Waterman has more.

February 13, 2025 39

World

CIA offers buyouts to staff

The US Central Intelligence Agency has become the first major national security agency to offer so-called buyouts to its entire workforce. It's part of President Donald Trump's broad effort to shrink the federal government and shape it to his agenda. Kate Fisher reports from Washington:

February 6, 2025 31

South Africa

South African Union Warns of Job Cuts’ Impact on Steel And Auto Industries

South African metalworkers union Numsa says ArcelorMittal South Africa’s planned job cuts in Newcastle, KwaZulu-Natal, and Vereeniging, Gauteng, could devastate the steel and auto industries and harm communities. The company intends to cut 35-percent of its workforce, citing structural challenges in its long steel business. Numsa spokesperson Phakamile Hlubi-Majola vows to fight the retrenchments, urging collaboration to protect manufacturing capacity and prevent economic fallout:

January 7, 2025 31

Business / Economics

B2Gold continues workforce downsizing at Otjikoto mine

B2Gold has confirmed it will proceed with further workforce reductions at its Otjikoto mine, involving involuntary separations. This decision follows a comprehensive review by a dedicated retrenchment committee, in collaboration with the Mineworkers Union of Namibia (MUN) branch executive committee on site. Eric Barnard, General Manager of Otjikoto Mine, detailed the process, saying, “We have a retrenchment committee that evaluated the necessary reductions across various departments. This effort was not […]

July 22, 2024 49

Business / Economics

Nokia sees ‘challenging’ 2024 after profits plunge

Finnish telecommunications equipment maker Nokia warned Thursday that it expects another tough economic environment in the first half of this year after its net profit sank in the 2023. Nokia and its Swedish rival Ericsson have launched cost-cutting programmes as their customers have reduced spending amid a slowing global economy. The Finnish firm reported a profit of 679 million euros ($739 million) for last year, down 84 percent […]

January 25, 2024 29