Virgin Active has confirmed it is cutting a "small percentage" of jobs at its SA head office. Virgin Active, which is 67% owned by Christo Wiese-backed Brait, has confirmed it is restructuring, which will affect a "small percentage" of jobs at its local head office in Claremont, Cape Town. Virgin Active also had 10 clubs in Australia, eight in Thailand, six in Singapore and more than 30 in the UK. Virgin Active is also investing to transform their gyms into workspaces, as more of its members work from home. Virgin Active accounts for 53% of Brait's R17.2 billion in assets.

Source: News 24 November 03, 2023 06:55 UTC