News / National
Zimbabweans should brace for even more job cuts
29 Jul 2015 at 07:32hrs | Views
The Zimbabwe National Chamber of Commerce (ZNCC) has warned of more job cuts due to low productivity coupled with high production costs that cannot sustain a huge labour force.
ZNCC president Davison Norupiri told a Press briefing yesterday that capacity utilization had plummeted and as such, companies could not maintain the same level of employees.
The Supreme Court recently ruled that employers could terminate employees' contracts unilaterally after giving three months' notice.
Thousands of workers have lost jobs in a space of two weeks. He described the proposed measures to amend the Labour Act as a piecemeal response to a much broader problem.
Source - newsday