Grocery retailer Pick n Pay is considering cutting 3,100 jobs, equating to 8.5% of its non-franchise sales floor workforce, due to decreased profitabilty.
The retailer announced a drop in operating profit of 14.2% to R1.4 billion (£12.5m) at the end of its last financial year ended 28 February.
Pick n Pay operations director Neal Quirk said: “We’ve worked hard at looking at possible alternatives that may reduce the number of full-time people affected.”
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