BMW had enough for SA's labour problems: analyst

James

James

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Financial services group Nomura believes BMW's scrapping of expanded investment in the country shows it has had enough of labour issues.

"We hear of these things all the time from companies but they normally are not in the public eye and in the media because they are decisions made in quiet back rooms by management and not trumpeted," Nomura analyst Peter Attard Montalto said in a statement on Friday.

"However, BMW has clearly had enough of the labour situation...read more here: BMW had enough for SA's labour problems: analyst
 
Lol, thank your unions as bmw was effectively gonna double their work force in SA. Instead we might have BMW can all their jobs in SA
 
Ike_009 said:
Lol, thank your unions as bmw was effectively gonna double their work force in SA. Instead we might have BMW can all their jobs in SA
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Wouldn't be surprised if they close their factories in this country. It is a damn shame. In their blind fight for more money the unions are increasing the numbers of the unemployed. Country urgently needs a government that sort out the frigging unions.
 
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