Mass purge at CBZHL: 347 jobs wiped out in brutal restructuring

LIVINGSTONE MARUFU CBZ Holdings Limited (CBZHL), a publicly-traded financial services group, has axed 347 employees in a sweeping restructuring drive that underscores the brutal realities of the country’s economic meltdown. The job cuts, executed over the past three months, are part of an aggressive cost-cutting strategy as businesses nationwide grapple with a hostile operating environment…