Thursday 13 December 2018
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businessdaily - 7 month ago

Auto Tyres retrenches as revival fails

AUTO Tyres Zimbabwe has retrenched its entire staff after efforts to recapitalise the company, which stopped operations in 2016, failed, The Financial Gazette reported.A notice seen by The Financial Gazette informed employees of management s decision to curb costs through retrenchment. Management has made a decision to retrench staff in order to curtail costs. The effective date of retrenchment is...

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