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NUST retrenches workers
The National University of Science and Technology (NUST) has reportedly retrenched over 60 staff members.The "retrenched workers are reportedly non-academic, however, there are reports that mo...Published: 02 Jun 2023 at 18:16hrs | 3 | by Staff reporter
Fossil retrenches 2000 employees
The recent placement of Fossil Group on Sanctions by United States has pushed the firm to lay off more than 2000 employees. United States of America put Fossil on sanctions list ami...Published: 13 Dec 2022 at 14:35hrs | 7 | by Simbarashe Sithole in Harare
ZUPCO retrenches workers, as contractors pull out of franchise
GOVERNMENT transport operator ZUPCO's Masvingo depot is currently engaged in a retrenchment exercise as contractors continue to pull out of the franchise, it has emerged.The company which had ...Published: 29 Jun 2022 at 07:53hrs | 3 | by Staff reporter
Steward Bank retrenches workers
Steward Bank, Zimbabwe's largest bank by customer base, says it is reviewing its structures and operations to adapt to technological changes in a move that will see the institution rationalise its sta...Published: 02 Feb 2022 at 05:25hrs | 4 | by Staff reporter
Struggling Sakunda retrenches workers
Sakunda Holdings has retrenched tens of workers as economic sanctions imposed on the firm and its chief executive officer Kudakwashe Tagwirei take a toll on the once shinning company in Zimbabwe....Published: 01 Jul 2021 at 17:15hrs | 1 | by Simbarashe Sithole
FCB set to retrench employees
FIRST Capital Bank (FCB) is set to retrench workers as the business restructures in the face of the hyperinflationary environment and the need to digitalise.In a letter dated November 12, FCB ...Published: 19 Nov 2020 at 05:36hrs | | by Staff reporter
CBZ Holdings retrenches
ZIMBABWE'S largest financial services group, CBZ Holdings (CBZH), has retrenched more than 100 employees as banks reel under the worsening economic environment, NewsDay can exclusively reveal....Published: 24 Jul 2019 at 08:15hrs | | by Staff reporter
Textile giant retrenches 200 workers in Bulawayo
BULAWAYO textile and clothing giant, Archer Clothing Manufacturers has been forced to lay off 200 of its workers because of inadequate power supplies at its factory and dwindling local orders....Published: 24 Mar 2019 at 06:10hrs | 1 | by Staff Reporter
Zimbabwe church calls for sanctions removal
The Zimbabwe Amalgamated Council of Churches (ZACC) will hold a mass prayer and unveil a petition for the removal of illegal and immoral sanctions imposed on Zimbabwe by Britain, the US and the Europe...Published: 05 Mar 2019 at 10:08hrs | | by Staff reporter
Edgars retrenches 90 workers
EDGARS Stores Limited has retrenched 90 workers from its Bulawayo branch citing a tough business operating environment.A senior director at the company, Mrs Linda Masterson, confirmed the deve...Published: 27 Jun 2018 at 06:47hrs | | by Staff reporter
Mutare Bottling retrenches
Beverages manufacturer Mutare Bottling Company (MBC) has retrenched 61 employees.Managing director Allen Lang said MBC was cutting back on staff at the main plant and at its Rusape depot as it...Published: 06 Jul 2017 at 14:37hrs | | by Staff reporter
TelOne retrenches 300 workers, slashes salaries
FIXED telecommunications service provider, TelOne has retrenched 300 workers since 2014 and will continue to downsize its workforce in a bid to keep its business afloat in the wake of continued declin...Published: 02 Jul 2017 at 10:37hrs | | by Staff reporter
Textile outfit retrenches following Zim imports ban
Another local textile company has retrenched workers after the Zimbabwean government banned importation of textile products into their country in order to resuscitate their own depressed textile indus...Published: 15 Jun 2016 at 07:08hrs | | by Staff Reporter
Hwange restructures, retrenches managers
FOUR managers at the struggling Hwange Colliery Company Limited (HCCL) are set to be retrenched as the coal mining firm has started restructuring as part of its survival programme.Sunday News ...Published: 24 Apr 2016 at 09:18hrs | | by Dumisani Sibanda
Compensation for fired workers
Thousands of workers dismissed on three month notices will be entitled to compensation for termination of their contracts if the labour amendment bill gazetted last Friday becomes law. Leg...Published: 17 Aug 2015 at 08:36hrs | | by Staff reporter
Zinara fires 9 managers, retrenches 300
The Zimbabwe National Road Administration (ZINARA) has fired 9 management staff and more than 300 low level workers who have been issued with letters of termination of contract on three months' notice...Published: 01 Aug 2015 at 15:34hrs | | by Staff reporter
Depletion of Marange diamonds, firm retrenches 950
Anjin Investments has retrenched at least 950 workers out of close to 1 800 people since it started operations in 2010. About 190 of the remaining 845 workers still face the chop as the compa...Published: 11 Dec 2013 at 03:42hrs | | by Staff reporter
Tsvangirai led party 'retrenches' workers
THE embattled Tsvangirai led MDC has allegedly retrenched four of its workers at its Masvingo offices, the state media reported.The office, which used to have five workers, is now left with on...Published: 21 Nov 2013 at 18:49hrs | 1 | by Staff Reporter
MDC-T retrenches staff
MOVEMENT for Democratic change led by Morgan Tsvangirai has fallen on hard times following donor fatigue and has already started retrenching its workers in Bulawayo.Sources within the party s...Published: 03 Oct 2013 at 18:09hrs | | by Mafu Sithabile
PPC retrenches
BULAWAYO-BASED cement producer Pretoria Portland Cement (PPC) Zimbabwe has initiated a voluntary retrenchment exercise that will result in at least 100 employees leaving, a clear sign firms continue f...Published: 19 Sep 2013 at 03:47hrs | | by Staff reporter
Zupco, a sad story of things gone wrong
There was a time when it used to be the only reliable passenger transporter. In fact, Zupco was the Alpha and Omega in the public transport business. Its services stretched to every part of the count...Published: 04 Mar 2012 at 06:48hrs | | by Charlotte Musarurwa
Reserve Bank of Zimbabwe Retrenches 1,600 Workers
The Reserve Bank of Zimbabwe has laid off 1,600 workers in a bid to transform and refocus to its core business.Investigations carried out by New Ziana revealed that the...Published: 14 Jan 2011 at 12:09hrs | | by New-Ziana
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