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No job losses amid Listeriosis outbreak, says Tiger Brands

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Tiger Brands says there have been no job losses since the company shutdown its Pretoria factory where traces of the listeria bacteria have been discovered.

The company has also recalled all Snax meat products as a precautionary measure. Over 180 people have died from Listeriosis.

Tiger Brand’s Chief Financial Officer, Noel Doyle says the recall of its products will cost the company over R300 million.

“We have our work force in all four factories fully engaged with us to manage the deep clean and rehabilitation process to be able to secure the jobs of all of our employees. So we estimate that the direct cost of the recall and the associated cost linked to product write-offs will range between 337-million and 377-million.”

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