Passenger bus company Putco says it will shed 214 jobs due to financial constraints triggered by the Covid-19 pandemic.
The company’s labour relations executive Pride Anozie says restrictions to the passenger-carrying capacity impacted its profit margin.
Anozie says private hire and commercial contracts were halted at the start of the lockdown, further crippling the company.
The jobs on the chopping board include operations and technical positions.
iReportSouthAfrica.co.za is a leading South African digital news and media site. At iReportSouthAfrica.co.za, we are all about creating and writing about the news that this generation cares about.
Our dedicated team of extraordinary reporters aim to embody this era in which it has been created; dynamic, informative, controversial, and entertaining. Since its inception in 2017, iReportSouthAfrica.co.za has aimed to deliver news with great value, as well as high-quality information. To date, this remains our main priority.
![Mamelodi Sundowns vs TP Mazembe: LIVE STREAM [Watch for free]](https://ireportsouthafrica.co.za/wp-content/uploads/2021/03/23577c50-b20kvmn0935-1200x858.jpg.webp){kind=small}
![Kaizer Chiefs part ways with Khune – Kaizer Motaung [RELIVED]](https://ireportsouthafrica.co.za/wp-content/uploads/2021/02/khune.jpg)
