Johannesburg - Private health-care group Netcare Hospital Group shares declined 1.57 percent to R31.40 yesterday following it informing trade union Solidarity this week of a proposed plan to restructure its control divisions of six hospitals in Gauteng, owing to the economic climate.
Solidarity said the company had indicated that the planned centralisation was expected to be implemented in several phases and be finalised by June next year.
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The union said the process was still in the early stages and that it was not clear how many employees would be affected by the centralisation.
Johan Botha, the deputy general secretary of Solidarity, said: “The company also indicated that it wanted to review its administrative and support staff structure in order to eliminate the duplication of functions. This includes, among other things, the possibility to outsource non-core functions.
“In addition, the company indicated that for the time it wanted to freeze the appointment of non-nursing staff below the C3 band,” Botha said.
BUSINESS REPORT