South Africa’s auto industry could cut up to 10% of workforce due to lockdown: survey

“South Africa’s auto industry might have to lay off up to 10% of its workforce because of a three-week lockdown, according to an industry-wide survey provided to Reuters by the National Association of Automobile Manufacturers of South Africa (NAAMSA). The survey, dated April 8, estimates the 21-day national lockdown could lead to job losses of between 1% and 10%, which could rise to between 21% and 30% if it is extended until the end of May.”

via Reuters