Pick n Pay Taking the package
This week bears the startling news that Pick n Pay has initiated its next round of job cuts, targeting about 2,000 of its middle management staff both regionally and at Head Office. The analysts are united in their view that
1. This is a good thing
2.This is a bad thing
3.It’s a clear indication that Mr Brasher is being given free rein, because the Ackermen wouldn’t have allowed such a thing
4.Despite having allowed the retrenchment of 3,000 store staff two years ago
5.The retrenchments being voluntary, a whole bunch of good people will walk out with a big wedge of cash in their back sky and into other jobs
6.This will never happen because Pick n Pay reserves the right to reject voluntary retrenchments by such people
Comment: The consensus seems to be, though, that centralisation has created redundancy and in the interests of a leaner, more efficient and eventually more profitable operation, these retrenchments are a necessary evil.