De Beers Told To Reverse South African Layoffs - Union
"De Beers has yesterday suffered a humiliating defeat," the National Union of Mineworkers said in an emailed statement.
South Africa's Labour Court found De Beers broke the law when it laid off 1,467 employees by rushing through the dismissals before an agreed date and not following a process for severance agreed with NUM, the union said.
"The Labour Court held that De Beers' action was indeed illegal and declared that the termination of members' contracts is of no force and effect," the NUM said.
De Beers is 45%-owned by Anglo American PLC (AAUK), 40% by the Oppenheimer family and 15% by the government of Botswana.
-By Robb M. Stewart, Dow Jones Newswires; +27 11 783 7848; robb.stewart@dowjones.com
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Publié le 10 Juin 2009 Copyright © 2009 Dowjones
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