Edcon axes 22,000 of its employees Lifestyle yomzansi Months after announcing it has lost R2bn in sales due to coronavirus impact.
Edcon says it has lost R2bn in sales and will require assistance from the UIF to pay salaries Business @yomzansi Edgars and Jet stores opening in May.
Edgars and Jet may not re-open at the end of coronavirus lockdown Lifestyle @yomzansi Edcon may consider bankruptcy.