The group announced in April that about 4 000 employees and contractors could potentially be affected in the latest round of job cuts. (Chris Collins/Getty Images)
Metals group Sibanye Stillwater announced on Tuesday it has cut about 2 000 jobs from its gold operations, roughly half the number of positions that were on the line in the latest round of talks.
Further to previous restructuring concluded during 2023 and the first quarter of 2024, the group announced in April that about 4 000 employees and contractors could potentially be affected in the latest round. It said on Tuesday that 111 employees had been retrenched and 1 130 contractors affected, with 629 employees taking voluntary separation packages and early retirement.
A further 116 positions were cut through natural attrition, while 448 accepted transfers.
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