Latest stories tagged “job loss”
According to Moneyweb, the tech and finance sectors are losing approximately 28,000 jobs monthly, with companies increasingly attributing these cuts to the impact of artificial intelligence. Bankers have also expressed concerns that AI technology will lead to further job eliminations in the industry.
According to StatsSA’s Q1 2026 Quarterly Employment Statistics survey, South Africa experienced a decrease of 80,000 jobs over a three-month period. This data highlights the ongoing challenges in the country's employment sector.
According to The Citizen Business, South Africa has lost 80,000 formal sector jobs over a three-month period, which may be attributed to companies retrenching and shutting down. This significant decline in employment raises concerns about the economic stability in the region.
According to The Citizen Business, South Africa has lost 80,000 formal sector jobs over a three-month period, which may be attributed to companies retrenching and shutting down. This significant decline in employment raises concerns about the economic stability in the region.