insert_link 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 […] todayJuly 22, 2024 18
insert_link 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 […] todayJanuary 25, 2024 14
