Connect with us

Labour

AMCU threatens to down tools over Impala Platinum job cuts

Published on

AMCU has warned of possible industrial action if talks don’t succeed with Impala Platinum

The Association of Mineworkers and Construction Union (AMCU) has threatened to go on strike at Impala Platinum operations if their talks with the mining giant’s management does not yield any success.

On Tuesday, 7 August 2018, AMCU hosted a media briefing in response to the platinum producer’s plans to let go of around 13,000 employees at its operations. The company announced the decision last week, and said it was all part of its restructuring strategy which, it argued, is aimed at improving its position in the market as well as revenue and financial returns.

AMCU President, Joseph Mathunjwa said they would resort to a strike, if need be. “We will even apply for a secondary strike at other Impala operations to make sure that no single ounce of platinum comes up from the ground. Whoever has a business relationship with Impala will be affected”, said Mathunjwa.

Mathunjwa said they would do all they can to ensure that jobs are saved at Impala as it would be taking part in retrenchment consultations at the mine. “AMCU will participate in the retrenchment consultations at Impala, and we will do our best to save as many jobs as possible. We will spare no resource in our struggle to protect the livelihoods of mineworkers. We hope that the company will come to this consultation process with a view of following the legal test of a joint consensus-seeking process,” Mathunjwa added.

Implats said its restructuring strategy would cost R2.7 billion which will be incurred between 2019 and 2020 and be funded from internal cash resources as well as selling inventories.

The group added: “While employee rationalisation is inevitable in a restructuring process of this nature, due care will be taken to ensure that job losses are minimised as far as possible through a range of job loss avoidance measures. This major transformation will be phased over a two year period to ensure that we are able to mitigate the various implementation risks and socioeconomic impacts.”

Thabo Baloyi
[email protected]

Copyright © 2021 Political Analysis South Africa

error: Copyrighted Content