Latest news with #HoosainKarjieker
Eyewitness News
6 days ago
- Business
- Eyewitness News
'Mail & Guardian' could be facing a jobs bloodbath as staff receive Section 189 notices
JOHANNESBURG - Popular news outlet, Mail & Guardian , could be facing a jobs bloodbath as staff at the organisation receive Section 189 notices. The notices signal potential retrenchments at the news organisation, as all staff members received notices. The notices, issued in terms of the Labour Relations Act, indicate a restructuring at the newspaper which could affect many jobs. The Mail & Guardian has been a stalwart of investigative journalism and in-depth coverage in South Africa. The move has raised concerns over the publication's future as it continues to face challenges in the rapidly changing media landscape. The publication's CEO, Hoosain Karjieker, explained: "We commenced the process about two weeks ago as this first quarter of the year, we realised that the costs are continuing to rise and the business was continuing to struggle commercially and we sort of had to make some drastic interventions in order to ensure the survival of the paper moving forward."
Eyewitness News
6 days ago
- Business
- Eyewitness News
Mail & Guardian CEO confident publication will remain available as job cuts loom
JOHANNESBURG - While the future of employees at popular publication, Mail & Guardian , is uncertain, CEO Hoosain Karjieker is confident it will remain available to its readers beyond the restructuring process. The news outlet's 25 staff members received section 189 notices, signalling a move to shed jobs as it struggles to stay afloat. But Karjieker said this doesn't signal the end of the Friday newspaper. READ: 'Mail & Guardian' could be facing a jobs bloodbath as staff receive Section 189 notices "No, absolutely not. I mean, I think that it resisted doing this type of thing. We had done some restructure during the course of last year, but we confined it to a theme that we realised as this year got underway, especially with these sort of dramatic rise in distribution costs, that a more urgent intervention was required for us to stabilise the company once again." Karjieker envisages a conclusion of the process in June but stresses that the process will not affect all employees. "After situations, one prefers not to drag the situation out for too long, but we are sort of aware and cognisant of what the Labour Relations Act requires from us. So it's very much in the consultative process and we're hoping to complete that process perhaps by the end of June or, you know, depending on how those negotiations go."
