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job losses

Group Five buildings

Group Five cuts jobs and its losses

Leading construction company Group Five recently announced that as part of its restructuring plan it had cut jobs and split its engineering and construction division which was running at a loss. The company said its restructuring was supported by...

Aveng cuts local staff and hires abroad

Aveng reduced its headcount by 350 people in the past year through a restructuring of its South African construction and manufacturing businesses, the listed construction and engineering group said yesterday. Roger Jardine, Aveng’s chief executive,...