Springs Line News Today : Breaking News, Live Updates & Top Stories | Vimarsana

JSE-listed packaging company Nampak has instituted a vacancy freeze, will reduce headcount across the entire organisation, will reduce its head office and has reduced absolute salaries to stabilise the company, Nampak interim CEO Phil Roux said on May 24. This headcount reduction will be done in accordance with the rightsizing of the organisation to ensure it retains the appropriate competency set and will not be done all at once nor in a manner that is reckless, he added during a presentation of the company's results of the six months to March 31.

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