Lonmin: 150 management jobs may go

1 Mar 2013

Lonmin said on Thursday (28 February) that about 150 positions - all of them in management levels - are likely to be imposed as part of the review of the platinum miner's operating model and management structure.

"The company is now in consultation with its unions and employees on a proposed new operating structure‚" it said in a statement.

"The operating model review forms part of the broader Lonmin renewal plan announced in October last year and seeks to achieve a sustainable business in an environment characterised by weak global market conditions and high input costs‚" Lonmin said.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za