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Tag Archives: Business Rescue; Companies Act; Labour Relations Act

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ANALYSIS: Business Rescue Potential Obstacles to Employee Reduction

Articles, DevelopBy MarcelleMarch 1, 2013

Business rationalisation, realignment, recovery, rescues… the intention is the same, but the degree of intensity and urgency may change. This article discusses the situation where a company has been given a lifeline of an approved Business Rescue Plan but has to balance the need for speed by having to engage in negotiation for reducing employment.…

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