The Foschini Group (TFG) started a formal Section 189A consultation process under the Labour Relations Act. This move may result in the retrenchment of South African staff.

The restructuring targets head office roles to reduce complexity and lower business costs. Store-level retail operations will not be impacted by the process.

TFG’s share price has fallen more than 50% over the past year. The company has not confirmed the specific number of roles affected.