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Home Archive of News Latest News Dawn retrenches 1,300

Dawn retrenches 1,300

Distribution and Warehousing Network (Dawn), the listed manufacturer and distributor of plumbing and hardware brands, has retrenched about 1,300 people in the past two years.

It handed retrenchments notices to a further 143 people in its Wholesale Housing Supplies (WHS) business on Friday. Chief executive Edwin Hewitt said on Monday that Dawn had done most of the retrenchments and that the group was now at break-even. It expected to be profitable by its 2019 financial year.

The group said the retrenchments were necessary to right-size its DPI business, a leading manufacturer of PVC and HDPE piping systems for water reticulation and conveyance, which resulted in the closure of the DPI factory in Bellville. Costs associated with the retrenchments at DPI amounted to about R7million, and the retrenchments at WHS would cost about R2.5m.



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