The National Union of Metalworkers of South Africa (Numsa) said on Friday that it had received a notice from ArcelorMittal about a restructuring exercise which may result in retrenchments.
ArcelorMittal South Africa said last Wednesday that it was mulling a large-scale restructuring exercise which might affect more than 2000 jobs, citing a difficult domestic economic environment.
Numsa said the notice stated that ArcelorMittal employed 8769 employees and that it was difficult to estimate the exact number of those who may eventually be affected by the proposed restructuring, as this was subject to the outcome of a consultation process and the consideration of alternative measures.