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.
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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.
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