Walmart to do away with the middle man

Unlike originally feared with the takeover of Wallmart, it seems they are going to try to manage their own employees.

Here is the report from SABC news…

Massmart /Wal-Mart plans to do away with labour brokers and employ labourers directly. CEO of the Group, Grant Pattison says amendments to the Labour Relations Act is putting pressure on them to rely less on labour brokers.

“There may be some pressure caused by that Labour Relations amendment bill on the existing jobs  we will still meet our target, but to the extent that labour costs goes up ten percent with no productivity growth, management is forced to go and look for that ten percent productivity gap.”, Pattison added.

He says they could be negative consequences to the amendments  but “it has been quite broadly stated as a potential outcome.”

Pattison says these transaction commitments will create 15-thousand new jobs within the next five years.

via SABC News.com – Walmart to do away with the middle man :Wednesday 22 August 2012.

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