date:Oct 15, 2013
ead, breakfast cereal and juices, would cut as the company was in a closed period ahead of its annual results release next month.
Local media reported that Pioneer plans to cut 10 percent of its more than 12,000 employees.
Cutting jobs strikes emotional and political chords in South Africa and are high on the government's radar screen ahead of elections next year.
Income disparities are glaring and the unemployment rate is officially around 25 percent but most analysts reckon it exceeds 40 pe