By 
Zimplats, a subsidiary of Anglo-American Platinum (Amplats) has instructed its contractors to lay off workers, as part of a sweeping retrenchment consul beting process that could claim thousands of jobs across the group.
Zimplats has about 20,000 employees, including contractors, in its South Africa and Zimbabwe operations, which will also be affected by the possible job losses. The company reports that a preliminary 3,000 direct employees are likely to be affected, with others employed by contractors whose supply agreements will be reviewed.
In a press statement Zimplats said, ” One of the measures that the company will implement is a usual voluntary retrenchment exercise for all employees wishing to be considered, if successful this will mitigate the need for a compulsory retrenchment”.
Notebly ,over 300 workers at one of the Zimplats contractors Glenrise Investments have been fired, as the group reels from a substantial loss triggered by a downturn in global commodity prices.
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