Restructuring of the group will reorganise its four divisions into two
Walmart-owned retailer
Massmart says up to 1,800 jobs may be cut at its Game stores in SA as its begins formal consultations with organised labour. In January, the group announced it may cut 1,440 employees across 34 DionWired and Masscash stores, as it battled a recessionary economy that resulted in consumers cutting back on non-essential items, such as television sets.That included justMassmart announced a turnaround plan in January, and said in JuneThe restructuring will reorganise its four divisions into two.Massmart Wholesale will take in Makro, Shield and the group’s wholesale cash brands.
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