Pick n Pay will not shed 3000 jobs as feared

Pick n Pay will not shed 3000 jobs as feared

Union officials have reached a deal with Pick n Pay to save 2,000 jobs at the South African retailer.

In the face of falling profits, Pick n Pay announced it was investigating cutting 10% of its 36,000 workforce in July.

Now there will be no forced job cuts after the company thrashed out a deal for flexible working with the union.

A statement from the company said: "This will allow Pick n Pay to have the right number of employees in the business at the right times, in line with customer trends and demands. This in turn will provide for a flexible workforce, which will translate into a more efficient business."

Pick n Pay confirmed that it offered voluntary early retirement and this was taken up by approximately 650 employees.

A spokesperson for SACCAWU was not available for comment.