Pioneer foods mass retrenchments
ILO: retrenchments must be last resort
ILO says companies should find other alternatives to reduce their costs.
ILO says retrenchment drives at top SA firms are a ruthless bid to save profits.
Sacci says several companies globally are slashing costs by reducing their number of top earners.
A local labour lawyer says senior employees enjoy the same rights as blue-collar workers.
Pioneer Foods is to retrench more than 1,200 employees from senior and middle management.