{"id":12501,"date":"2012-05-15T11:06:29","date_gmt":"2012-05-15T09:06:29","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=12501"},"modified":"2012-05-15T15:04:52","modified_gmt":"2012-05-15T13:04:52","slug":"inmsa-not-cutting-staff","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/12501\/inmsa-not-cutting-staff\/","title":{"rendered":"INMSA not cutting staff"},"content":{"rendered":"<p>While <a title=\"INMSA - Independent News and Media SA\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2792-INMSA-Independent-News-and-Media-SA\">Independent News and Media SA (INMSA)<\/a> was looking to cut costs, it would not retrench staff as yet, according to Tuesday&#8217;s Business Report.<\/p>\n<p>INMSA chief executive <a title=\"Tony Howard\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2793-Tony-Howard\">Tony Howard<\/a> told the paper management had no cost-cutting plans that would require talks with the company&#8217;s unions.<\/p>\n<p>Trade unions must be consulted, by law, when companies contemplate reducing their employee numbers for operational reasons.<\/p>\n<p>&#8220;If we get to a point where we have to look at retrenchment then we will engage with the appropriate people,&#8221; he was quoted as saying.<\/p>\n<p>He denied rumours that the group needed to save R100 million, but said trading conditions had been particularly tough for all print media companies.<\/p>\n<p>According to the daily, analysts believed it would be difficult for the group to implement the sort of cost cuts it needed to repay its euro 427 million debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While Independent News and Media SA (INMSA) was looking to cut costs, it would not retrench staff as yet, according to Tuesday&#8217;s Business Report.<\/p>\n","protected":false},"author":4,"featured_media":12511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,2813,2812,2814],"class_list":["post-12501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-business-report","tag-inmsa","tag-tony-howard"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/12501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=12501"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/12501\/revisions"}],"predecessor-version":[{"id":12514,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/12501\/revisions\/12514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/12511"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=12501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=12501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=12501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}